Angi reports preliminary June total revenue growth of 27% YoY; Ads and Leads revenue up 11%

Angi Inc.

Total North America revenue growth accelerated to 29% YoY in June from 26% in May.
Angi Ads and Leads revenue turned positive in May and grew 11% YoY in June.
Angi Services revenue growth remained high at 103% YoY in June, largely from the Roofing acquisition.
Service Requests declined 8% YoY in June, improving from -14% in April but still negative.
Preliminary data subject to adjustment; full Q2 earnings expected in August 2022.

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