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Mar 31, 2023
ANGI Homeservices Q1 2023 Earnings Report
First quarter results released with operating loss improving and Adjusted EBITDA increasing.
Key Takeaways
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.
Operating loss improved by $23 million to $10 million.
Adjusted EBITDA improved by $34 million to $31 million.
Net cash provided by operating activities was $19.1 million.
Free Cash Flow increased $34.8 million to $7.2 million.