secwatch.observer — SEC 8-K summary
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Issuer:     Angi Inc. (ANGI)
CIK:        0001705110
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001104659-22-087918
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angi Q2 revenue up 23% to $516M, net loss narrows to $24.2M; Adj EBITDA positive $9.7M
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- Revenue increased 23% YoY to $515.8M; 7th consecutive quarter of double-digit growth.
- Net loss attributable to shareholders was $24.2M ($0.05 diluted EPS), improving from $30.3M loss in Q2 2021.
- Adjusted EBITDA turned positive to $9.7M (from -$4.4M in Q2 2021) on lower real estate costs and higher gross profit.
- Angi Services revenue doubled to $150.9M (107% YoY), now 29% of total revenue.
- Transacting Service Professionals 220,000 (-2% YoY); Monetized Transactions 4.7M (-5% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705110/000110465922087918/0001104659-22-087918-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705110/000110465922087918/tm2222815d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-087918

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer