Angie’s List (NASDAQ: ANGI) posted first quarter earnings this week, prompting a 11.33% share increase Wednesday morning before market opening, according to USA Today. However, the stock has seen decreases as high as 50% over the past year. Since January, net income for the company hit $4.4 million, down almost $4 million from the year prior, with revenue hitting $83.5 million. This is partically due to a 31% decrease in marketing. "The strength of our business model lies in our ability to increase profitability as markets mature," Angie's List CEO Bill Oesterle said in a statement, according to USA Today. "That is playing out as expected and contributes to our outlook for continued margin growth over time."