Angi Inc. reported a decrease in revenue by 11% year-over-year, alongside declines in operating income and Adjusted EBITDA, impacted by legal fee recoveries in the previous year. The company is set for a spin-off from IAC, expected in the first half of 2025.
Angi Inc. reported a decrease in revenue by 16% year-over-year, but operating income improved by $16 million to $8 million, and Adjusted EBITDA increased by 27% to $35 million. IAC announced it is considering a spin-off of its ownership stake in Angi Inc. to its shareholders.
Angi Inc. reported a decrease in revenue by 14% year-over-year, but showed improvements in operating income and Adjusted EBITDA. Revenue was $305.4 million, while operating income improved by $14 million to $3 million, and Adjusted EBITDA increased by 21% to $36 million.
Angi Inc. reported improved Q4 2023 results, with operating income increasing by $36 million to $8 million and Adjusted EBITDA improving by 96% to $41 million. The company recorded an income tax provision of $5.7 million, resulting in an effective tax rate of 69%. During the quarter, Angi Inc. repurchased 6.1 million common shares for $14.0 million.
Angi Inc. reported an improvement in Q3 2023 operating loss by 9% to $10 million and an improvement in Adjusted EBITDA by 13% to $26 million.
Angi Inc. released its second quarter results, showing an improvement in operating loss and Adjusted EBITDA.
Angi Inc. reported its first quarter results with an improved operating loss of $10 million, a $23 million improvement. Adjusted EBITDA also improved by $34 million to $31 million.
Angi Inc. released its fourth quarter results, revealing a Q4 operating loss of $60 million, while Adjusted EBITDA improved by $19 million to $16 million.
Angi Inc. reported its Q3 2022 results with an improved operating loss and Adjusted EBITDA.
Angi Inc. reported a 23% increase in revenue to $516 million for Q2 2022. The company also recorded an income tax benefit of $3.7 million.
Angi Inc. reported a 13% increase in revenue, reaching $436 million for the first quarter of 2022. The company recorded an income tax benefit of $6.1 million. Free Cash Flow decreased $24.2 million to negative $27.6 million due primarily to lower Adjusted EBITDA and higher capital expenditures.
Angi Inc. reported a 16% increase in revenue for Q4 2021, reaching $416 million. The company also recorded an income tax benefit of $8.8 million for an effective tax rate of 25%.
Angi Inc. reported an 18% increase in revenue, reaching $462 million in Q3 2021. The company also recorded an income tax benefit of $4.8 million.
Angi Inc. reported a 12% increase in revenue, reaching $421 million in the second quarter of 2021.
Angi Inc. reported a strong first quarter with revenue increasing by 13% to $387 million. The company also recorded an income tax benefit of $9.3 million.
ANGI Homeservices reported a 12% increase in Q4 revenue, reaching $359 million.
ANGI Homeservices reported a 9% increase in revenue for Q3 2020, reaching $390 million.
ANGI Homeservices reported Q2 2020 revenue of $375 million.
ANGI Homeservices released its first quarter results with Q1 revenue of $344 million. Free Cash Flow increased $31.1 million to $42.7 million due primarily due to favorable working capital and lower capital expenditures. The company recorded an income tax benefit of $9.0 million in Q1 2020 primarily due to an adjustment to the deferred taxes resulting from a true-up of the state tax rate.
ANGI Homeservices reported its Q4 2019 results, including revenue and operating income figures.