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Sep 30, 2022
ANGI Homeservices Q3 2022 Earnings Report
Operating loss improved and Adjusted EBITDA improved in the third quarter.
Key Takeaways
Angi Inc. reported its Q3 2022 results with an improved operating loss and Adjusted EBITDA.
Q3 operating loss improved 26% to $11 million.
Q3 Adjusted EBITDA improved 85% to $23 million.
The Company recorded an income tax benefit of $0.9 million in Q3 2022.
As of September 30, 2022, Angi Inc. has 15.0 million shares remaining in its stock repurchase authorization.
Forward Guidance
The conference call on November 9, 2022, will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of IAC’s and Angi Inc.’s businesses.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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