NASDAQ$ANGI

ANGI Homeservices Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Operating loss improved and Adjusted EBITDA improved in the third quarter.

Angi Inc. reported its Q3 2022 results with an improved operating loss and Adjusted EBITDA.

  • Q3 operating loss improved 26% to $11 million.
  • Q3 Adjusted EBITDA improved 85% to $23 million.
  • The Company recorded an income tax benefit of $0.9 million in Q3 2022.
  • As of September 30, 2022, Angi Inc. has 15.0 million shares remaining in its stock repurchase authorization.

Headline financials

Total Revenue

$498M

Previous: $462M+7.9%
EPS (adj)

-$0.03

Previous: -$0.03+0.0%
Capital Expenditures

-$95.5M

Previous: -$52.1M-83.5%
Free Cash Flow

-$113M

Previous: -$69.1M-63.6%
Net Income

-$17.5M

Previous: -$17M-2.8%
Operating Income

-$11.1M

Previous: -$15M+26.1%
Gross Profit

$389M

Previous: $362M+7.4%
Cash & Equivalents

$329M

Previous: $477M-31.0%
Total Assets

$1.97B

Previous: $2.08B-5.2%
Stock-Based Comp

$12.4M

Previous: $8.81M+40.4%

Revenue & EPS history

ANGI Homeservices · Revenue · Quarterly

$498M

Q3 2022+7.9%vs Q3 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The conference call on November 9, 2022, 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 Q3 2022

Historical avgQ3 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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