ANGI Homeservices Q2 2021 Earnings Report

Second quarter results released with a revenue increase of 12%.

Key Takeaways

Angi Inc. reported a 12% increase in revenue, reaching $421 million in the second quarter of 2021.

Revenue increased 12% to $421 million.

The company recorded an income tax benefit of $9.1 million in Q2 2021.

Angi Inc. repurchased 0.7 million Class A common shares between May 7, 2021 and August 3, 2021.

Angi Inc. has 18.1 million shares remaining in its stock repurchase authorization.

Total Revenue

$421M

Previous year: $375M

+12.2%

EPS

-$0.06

Previous year: $0.02

-400.0%

Gross Profit

$351M

Previous year: $334M

+5.2%

Cash and Equivalents

$584M

Previous year: $421M

+38.8%

Free Cash Flow

$26.9M

Previous year: $60.5M

-55.4%

Total Assets

$2.11B

Previous year: $1.93B

+9.4%

Full financial data and analysis