NASDAQ$ANGI

ANGI Homeservices Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

ANGI Homeservices' Q2 2022 revenue increased, driven by growth in both Angi Ads and Leads and Angi Services.

Angi Inc. reported a 23% increase in revenue to $516 million for Q2 2022. The company also recorded an income tax benefit of $3.7 million.

  • Revenue increased 23% to $516 million.
  • The company recorded an income tax benefit of $3.7 million.
  • Free Cash Flow decreased $78.6 million to negative $55.1 million.
  • As of June 30, 2022, Angi Inc. has 15.0 million shares remaining in its stock repurchase authorization.

Headline financials

Total Revenue

$516M

Previous: $421M+22.5%
EPS (adj)

-$0.05

Previous: -$0.06+16.7%
Capital Expenditures

-$62.1M

Previous: -$35.7M-74.0%
Free Cash Flow

-$86.4M

Previous: -$66M-30.9%
Net Income

-$24.2M

Previous: -$30.3M+20.0%
Operating Income

-$20.9M

Previous: -$32.7M+36.2%
Gross Profit

$388M

Previous: $351M+10.5%
Cash & Equivalents

$361M

Previous: $584M-38.2%
Total Assets

$2.02B

Previous: $2.11B-4.2%
Stock-Based Comp

$13.4M

Previous: $9.54M+40.6%

Revenue & EPS history

ANGI Homeservices · Revenue · Quarterly

$516M

Q2 2022+22.5%vs Q2 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The live stream will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of IAC’s and Angi Inc.’s businesses.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

-0.4%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.1%

Avg return

30 days after

44%

25 / 57 earnings

Positive

+75.4%

Q1 2017

Best reaction

-31.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-31.1%-30.9%-20.0%
Q4 2025-23.1%-32.3%-38.2%
Q3 2025-8.2%-11.2%+8.1%
Q1 2025+34.8%+43.2%+46.6%
Q4 2024-5.8%+6.4%-9.2%
Q3 2024-23.1%-31.5%-25.9%
Q2 2024+31.5%+26.9%+34.0%
Q1 2024-0.4%-4.7%-11.4%
Q4 2023+16.5%+20.6%+1.6%
Q3 2023+3.5%+2.9%+42.4%
Q2 2023-31.7%-33.2%-37.7%
Q1 2023+16.8%+21.1%+23.4%
Q4 2022-15.6%-11.8%-22.1%
Q3 2022+5.7%+24.7%+3.1%
Q2 2022-15.0%-13.7%-38.1%
Q1 2022+6.8%+24.1%+33.8%
Q4 2021-20.4%-22.1%-29.4%
Q3 2021-9.6%-10.5%-27.1%
Q2 2021+5.7%+0.7%-5.6%
Q1 2021-6.9%-9.9%-6.6%
Q4 2020-7.4%+19.4%+3.0%
Q3 2020-13.0%-9.9%+4.6%
Q2 2020-17.3%-16.4%-17.8%
Q1 2020+10.4%+24.7%+72.3%
Q4 2019-5.4%-2.0%-28.1%
Q3 2019+16.6%+14.9%+17.4%
Q2 2019-27.6%-30.7%-37.6%
Q1 2019-9.9%-18.2%-19.8%
Q4 2018+0.5%+3.7%-3.6%
Q3 2018-6.2%-7.2%-14.7%
Q2 2018+12.5%+19.4%+33.5%
Q1 2018+0.9%+1.7%+13.9%
Q4 2017-1.5%+0.5%+14.8%
Q3 2017-7.4%-5.3%-9.7%
Q2 2017+0.2%-4.5%-3.0%
Q1 2017+75.4%+81.8%+109.0%
Q4 2016-8.4%-8.7%-10.5%
Q3 2016-1.4%+1.2%+5.8%
Q2 2016+11.7%+7.2%+31.6%
Q1 2016+4.9%
Q4 2015-10.7%
Q3 2015+12.2%
Q2 2015-31.0%
Q1 2015+4.1%
Q4 2014+44.4%
Q3 2014+16.4%
Q2 2014+3.6%
Q1 2014+4.5%
Q4 2013-4.6%
Q3 2013-15.0%
Q2 2013-0.8%
Q1 2013+0.5%
Q4 2012+2.0%
Q3 2012+0.0%
Q2 2012-0.1%
Q1 2012-2.9%
Q4 2011-6.3%
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010

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