Yigal Arounian's questions to Angi Inc (ANGI) leadership • Q2 2025
Question
A representative for Yigal Arounian asked about the impact of macroeconomic trends on the full-year guidance and sought details on the pace of share buybacks and the overall capital allocation strategy.
Answer
CEO Jeff Kip acknowledged macro headwinds earlier in the quarter but noted a recovery in pro win rates in June and July, attributing outperformance to strong execution. On capital allocation, he confirmed a significant Q2 buyback but cautioned that the pace would not be sustained every quarter due to limitations related to the company's tax-free spin.