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