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Angi Inc. (ANGI) Tops Q3 EPS by 2c

November 7, 2023 4:29 PM EST

Angi Inc. (NASDAQ: ANGI) reported Q3 EPS of ($0.01), $0.02 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $371.8 million versus the consensus estimate of $377 million.

CILIATION OF FY 2023 OPERATING LOSS TO ADJUSTED EBITDA OUTLOOK :

FY 2023
($ in millions) Outlook
Operating loss ($60-$25)
Amortization of intangibles 10-5
Depreciation 100-90
Stock-based compensation expense 50-40
Adjusted EBITDA $100-$110

(a) Reflects the sale the sale of Total Home Roofing, LLC on November 1, 2023 to a non-public third party. The historical results of the Roofing segment will be treated as a discontinued operation as of the date of the closing of the sale.

For earnings history and earnings-related data on Angi Inc. (ANGI) click here.



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