earnings
confidence high
sentiment positive
materiality 0.75
Angi Q1 revenue down 19% to $245.9M, net income turns positive; board authorizes 5M share buyback
Angi Inc.
2025-Q1 EPS reported
$0.30
revenue$245,913,000
- Revenue $245.9M (-19% YoY); operating income $20.0M vs $2.7M; net earnings $15.1M vs loss $1.6M.
- Adjusted EBITDA $27.7M vs $36.0M (-23%); free cash flow -$15.7M vs +$9.5M.
- Board approved new 5M share repurchase authorization; company repurchased 2.3M shares for $32M since Feb 2025.
- Completed spin-off from IAC on March 31, 2025; 1-for-10 reverse stock split effective March 24.
- New metrics introduced: Leads, Proprietary/Network Channels; Domestic revenue $212.6M (-21%), International $33.4M (-6%).