secwatch.observer — SEC 8-K summary
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Issuer:     Angi Inc. (ANGI)
CIK:        0001705110
Form:       8-K/A
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001705110-24-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angi Q2 2024: revenue $315.1M (-10%), op income $9.2M, Adj EBITDA $42.2M (+115%)
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- Revenue $315.1M, down 10% YoY; Ads & Leads revenue -12%, Services -18%, International +14%.
- Operating income improved to $9.2M from loss of $15.4M; Adjusted EBITDA $42.2M, up 115% YoY.
- Net earnings from continuing ops $4.1M ($0.01 diluted EPS) vs loss of $15.6M a year ago.
- Board authorized new 25M share repurchase; repurchased 4.1M shares in Q2 for $8.6M.
- FY 2024 guidance: operating loss/income ($10)-$40M, Adjusted EBITDA $130-$150M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705110/000170511024000082/0001705110-24-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705110/000170511024000082/angi-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001705110-24-000082

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