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Dec 31, 2023
ANGI Homeservices Q4 2023 Earnings Report
Angi Inc.'s Q4 2023 results were released, with operating income improving and Adjusted EBITDA showing significant growth.
Key Takeaways
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.
Q4 operating income improved by $36 million to $8 million.
Q4 Adjusted EBITDA improved by 96% to $41 million.
The company recorded an income tax provision of $5.7 million in Q4 2023.
Angi Inc. repurchased 6.1 million common shares for $14.0 million between November 9, 2023, and February 9, 2024.
ANGI Homeservices
ANGI Homeservices
ANGI Homeservices Revenue by Geographic Location
Revenue by Geographic Location
Domestic Revenue
CapyFin.comInternational Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income