"Angi Inc., a leading platform in the home services industry, connects homeowners with skilled professionals for various home projects. In its third quarter of 2025, Angi Inc. reported a mixed financial performance, with a notable increase in operating income and adjusted EBITDA, but a decline in revenue and net earnings compared to the previous year. The company saw a significant growth in proprietary service requests and leads, attributed to enhancements in customer experience and search engine marketing,"
"despite a substantial decrease in network service requests and leads. Angi's strategic initiatives included a major share repurchase program, buying back 14.7% of its shares, and a new authorization for additional repurchases. Looking ahead, Angi Inc. remains focused on optimizing long-term profitability and enhancing its service offerings, while navigating the challenges posed by recent changes in tax laws and market conditions."
Angi Inc. operates a home services platform that connects homeowners with skilled professionals for various projects. In Q3 2025, operating income and adjusted EBITDA increased while revenue and net earnings declined year-over-year. Proprietary service requests and leads grew significantly due to improvements in customer experience and search engine marketing, while network service requests and leads fell substantially. The company executed a major share repurchase, buying back 14.7% of shares, and authorized additional repurchases. Strategic focus remains on optimizing long-term profitability and enhancing service offerings while managing effects of recent tax law changes and market conditions.
Read at TipRanks Financial
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