Angie's List Inc (NASDAQ:ANGI) reported results for the third-quarter of fiscal 2012 the online-review site continued to report higher expenses, offsetting a surge in revenue. The company's results topped expectations of Wall Street.
Company’s CEO Bill Oesterle stated that this is a very good year for the company. Third quarter of fiscal 2012 is 43rd quarter in a row of record revenues. Household acquisition costs and restitutions remained excellent. Furthermore revenue renewal rate of service provider persisted more than100%.
Angie's List Inc (NASDAQ:ANGI) traded with volume of 200 shares in last session which was unexpectedly higher versus average trading capacity of 421,496 shares. The stock traded with opening bell at $11.10, gained the maximum price level of $11.94 and then finished the day at $11.56.
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