---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-115254"
form_type: "8-K"
ticker: "ANGI"
cik: "0001705110"
company_name: "Angi Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T16:18:27.721568+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Angi Q3 2023: Revenue $372M (-14% pro forma), Adj EBITDA $26M, sells Roofing unit

## Summary
- Revenue $371.8M (-14% pro forma net YoY); operating loss improved to $10.1M from $11.1M.
- Adjusted EBITDA $25.9M, +13%; Services segment turned Adj EBITDA positive at $3.5M.
- Completed sale of Total Home Roofing on Nov 1, 2023 for undisclosed sum; segment to be discontinued.
- Full-year 2023 guidance: Adj EBITDA $100-110M; intends to use remaining 14M share repurchase authorization.
- Free Cash Flow for 9 months positive $52.7M vs -$84.2M in prior year.

## SEC filing metadata
- accession: 0001104659-23-115254
- form_type: 8-K
- ticker: ANGI
- cik: 0001705110
- company_name: Angi Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705110/000110465923115254/0001104659-23-115254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705110/000110465923115254/tm2330034d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-115254
- JSON: https://secwatch.observer/filing/0001104659-23-115254.json
- Plain text: https://secwatch.observer/filing/0001104659-23-115254.txt

## Key facts
- Earnings Releases
  Angi Inc. reported Q3 2023 results: revenue $371.8, net income $(5.4) million, EPS $(0.01) per diluted share.
  - Period: Q3 2023
  - Revenue: $371.8
  - Net income: $(5.4) million
  - EPS: $(0.01) per diluted share
  - Result: reported results
  source text: ANGI INC. SUMMARY RESULTS ($ in millions except per share amounts) Q3 2023 Q3 2022 Growth Revenue $ 371.8 $ 498.0 -25 % Pro Forma Net Revenue 371.8 433.3 -14 % Gross profit 343.1 389.0 -12 % Operating loss (10.1 ) (11.1 ) 9 % Net loss (5.4 ) (17.5 ) 69 % Diluted loss per share (0.01 ) (0.03 ) 70 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705110/000110465923115254/0001104659-23-115254-index.htm
- Earnings Releases
  Angi Inc. updated its full year 2023 guidance (initiated).
  - Period: full year 2023
  - Guidance: initiated
  - Result: guidance update
  source text: For the full year 2023, Angi Inc. expects $60-$25 million of operating loss and $100-$110 million of Adjusted EBITDA.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705110/000110465923115254/0001104659-23-115254-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.