secwatch.observer — SEC 8-K summary
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Issuer:     Angi Inc. (ANGI)
CIK:        0001705110
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001104659-23-088865
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angi Q2 net loss $14.7M; Adj EBITDA up 89% to $18.3M; revenue -27%
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- Revenue $375.1M (-27% YoY); pro forma net revenue -16% to $375.6M.
- Adjusted EBITDA $18.3M (+89% YoY); operating loss improved 20% to $16.7M.
- Services segment Adj EBITDA turned positive at $1.7M from -$13.9M.
- Full-year 2023 guidance: operating loss $15-$70M, Adj EBITDA $100-$130M.
- Share repurchases of 1.1M shares for $3.4M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705110/000110465923088865/0001104659-23-088865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705110/000110465923088865/tm2323171d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-088865

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