---
schema_version: "secwatch.filing_event.v1"
accession: "0001705110-24-000036"
form_type: "8-K"
ticker: "ANGI"
cik: "0001705110"
company_name: "Angi Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:08:26.095953+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Angi Q1 revenue down 14% to $305M, operating income turns positive, Adj EBITDA up 21% to $36M

## Summary
- Revenue $305M (-14% YoY); net loss $1.6M vs $15.3M loss; diluted EPS $0.00.
- Operating income $2.7M vs loss $10.9M; Adj EBITDA $36M (+21%).
- Ads & Leads rev -15%, Services rev -28% pro forma; International +18%; Transacting SPs 192K (-7%).
- Repurchased 3.2M shares for $7.1M; Jeff Kip appointed CEO (April 8).
- FY2024 guidance: Adj EBITDA $120-150M; operating (loss) income ($20)-$40M.

## SEC filing metadata
- accession: 0001705110-24-000036
- form_type: 8-K
- ticker: ANGI
- cik: 0001705110
- company_name: Angi Inc.
- filed_at: 2024-05-07T23:59:59+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/1705110/000170511024000036/0001705110-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705110/000170511024000036/angi-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001705110-24-000036
- JSON: https://secwatch.observer/filing/0001705110-24-000036.json
- Plain text: https://secwatch.observer/filing/0001705110-24-000036.txt

## Key facts
- Earnings Releases
  Angi Inc. reported Q1 2024 results: revenue $305.4, net income Net loss (1.6), EPS $(0.00) per diluted share.
  - Period: Q1 2024
  - Revenue: $305.4
  - Net income: Net loss (1.6)
  - EPS: $(0.00) per diluted share
  - Result: reported results
  source text: available on the Investor Relations section of IAC’s website at ir.iac.com . ANGI INC. SUMMARY RESULTS ($ in millions except per share amounts) Q1 2024 Q1 2023 Growth Revenue $ 305.4 $ 355.5 -14 % Operating income (loss) 2.7 (10.9) NM Net loss (1.6) (15.3) 89 % Diluted (loss) per share (0.00) (0.03) 89 % Adjusted EBITDA 36.0 29.7 21 % See reconciliations of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705110/000170511024000036/0001705110-24-000036-index.htm

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