Angi Inc. (NASDAQ:ANGI) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET

Company Participants

Christopher Halpin - CFO Angi, Inc., and COO, IAC

Joey Levin - CEO, IAC and CEO & Chairman, Angi, Inc.

Conference Call Participants

Jason Helfstein - Oppenheimer

Brent Thill - Jefferies

John Blackledge - TD Cowen

Justin Patterson - KeyBanc

Ross Sandler - Barclays

Brian Fitzgerald - Wells Fargo

Ygal Arounian - Citigroup

Tom Champion - Piper Sandler

Kunal Madhukar - UBS

Operator

Good morning, and welcome to the IAC and Angi Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded today.

I would now like to turn the conference over to Christopher Halpin, CFO and COO of IAC. Please go ahead.

Christopher Halpin

Thank you. Good morning, everyone. Christopher Halpin here, and welcome to the IAC and Angi Inc. Third Quarter Earnings Call. Joining me today is Joey Levin, CEO of IAC and CEO and Chairman of Angi Inc.

Similar to last quarter, supplemental to our quarterly earnings releases, IAC has also published its quarterly shareholder letter, which is currently available on the Investor Relations section of IAC's website. We will not be reading the shareholder letter on this call. I will shortly turn the call over to Joey to make a few brief introductory remarks. We will then open it up to Q&A.

Before we get to that, I'd like to remind you that during this presentation, we may discuss our outlook and future performance. These forward-looking statements typically may be preceded by words such as we expect, we believe, we anticipate or similar statements. These forward-looking views are subject to risks and uncertainties and our actual results could differ materially from the views expressed today. Some of these risks have been set forth in IAC's and ANGI Inc.'s third quarter earnings releases and our respective filings with the SEC.

We'll also discuss certain non-GAAP measures, which, as a reminder, include adjusted EBITDA, which we'll refer to today as EBITDA for simplicity during the call. I'll also refer you to our earnings releases, the IAC shareholder letter, our public filings with the SEC and again, to the Investor Relations section of our respective websites for all comparable GAAP measures and full reconciliations for all material non-GAAP measures.

Now I'll turn it over to Joey.

Joey Levin

Thank you, Chris. Good morning, everybody. Thanks for spending time with us this morning. Nice to have both Dotdash Meredith and Angi growing again on the bottom line. And I think we have a lot of great work happening at the businesses that should be able to keep that profit momentum going.