Angi Q1 revenue up 13% to $436M; net loss $33.4M ($0.07/sh) vs prior-year profit

Angi Inc.

2022-Q1 EPS reported -$0.07 revenue$436,159,000

Revenue $436.2M (+13% YoY); operating loss $34.0M vs income $0.1M a year ago.
Net loss attributable to shareholders $33.4M ($0.07 diluted loss per share) vs profit $1.9M.
Adjusted EBITDA loss $3.2M vs income $23.2M; Free Cash Flow negative $27.6M.
Angi Services revenue $113.1M (+107% YoY), now 26% of total revenue; Transacting Service Pros down 4% to 204k.
Cash $391M, debt $494.7M; 15.0M shares remain in repurchase authorization.

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