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    Angi Inc (ANGI)

    Q4 2024 Earnings Summary

    Reported on Jan 1, 1970 (Before Market Open)
    Pre-Earnings Price$1.75Last close (Feb 10, 2025)
    Post-Earnings Price$1.75Open (Feb 11, 2025)
    Price Change
    $0.00(0.00%)
    MetricYoY ChangeReason

    Total Revenue

    22% increase (from $219.44M in Q4 2023 to $267.87M in Q4 2024)

    The 22% uplift is largely explained by a rebound in domestic revenue contributions, reflecting a recovery relative to past quarters where U.S. performance had faced challenges. This improvement helped offset other declines, aligning with historical trends where strong domestic operations drove overall revenue growth.

    U.S. Revenue

    77% increase (from $191.9M in Q4 2023 to $339.88M in Q4 2024)

    The 77% surge in U.S. revenue indicates a marked turnaround compared to previous periods. This dramatic increase may be attributed to better operational strategies and enhanced market penetration domestically, especially after prior periods of significant decline.

    Revenue from all other countries

    Over 470% decline (from $27.53M in Q4 2023 to –$72.03M in Q4 2024)

    The drastic reversal to a negative figure suggests significant international challenges. This could result from adverse market conditions, possible write-offs, or strategic reclassifications, contrasting with earlier quarters when international revenue saw positive trends.

    Operating Income

    80% decline (from $10.763M in Q4 2023 to $2.165M in Q4 2024)

    The 80% contraction in operating income likely reflects escalating operating costs and margin pressures, which overwhelmed the revenue increases. Similar cost challenges were noted in earlier periods, suggesting that while revenue recovered in some segments, elevated expenses continued to hamper operating profitability.

    Net Income

    Improvement from a loss of approximately $5.56M in Q4 2023 to a loss of $1.286M in Q4 2024

    Despite overall revenue fluctuations, the net loss reduction indicates that improved non-operating factors—such as lower credit costs, enhanced tax benefits, or one-off adjustments—helped lessen the net loss. This improvement reflects more effective bottom-line management compared to the previous period.