Why Angi (ANGI) Shares Are Falling Today
Angi (NASDAQ: ANGI) shares fell 24.1% after its Q2 results missed expectations. Revenue was $248 million, down 10.9% year over year and over $7 million below estimates. GAAP loss was $5.70 per share versus a consensus $0.11 profit; Adjusted EBITDA beat, but the revenue decline and larger-than-expected loss weighed on investors.




