Angi Inc. preliminary Dec. 2022 revenue growth 6% YoY, down from 27% in June; IAC ends monthly trend disclosure

Angi Inc.

Total revenue YoY growth decelerated to 6% in Dec 2022 from 27% in Jun 2022; Europe revenue -2%.
Angi Services growth fell to 9% in Dec from 103% in Jun; Service Requests -10% YoY in Dec.
Monetized Transactions -15% YoY; Transacting Service Professionals -14% YoY in Dec 2022.
IAC will stop releasing monthly growth trends and revert to quarterly disclosures starting Q1 2023.
Data is preliminary and subject to adjustment; full Q4 2022 earnings due in Feb 2023.

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