Angi Inc. (NASDAQ:ANGI) Q3 2024 Earnings Call November 12, 2024 8:30 AM ET

Company Participants

Joey Levin - Chief Executive Officer, IAC and Chairman, Angi Inc.
Jeff Kip - Chief Executive Officer
Christopher Halpin - Executive Vice President, Chief Financial Officer and Chief Operating Officer, IAC

Conference Call Participants

Cory Carpenter - JPMorgan
Jason Helfstein - Oppenheimer
John Blackledge - TD Cowen
Eric Sheridan - Goldman Sachs
Ross Sandler - Barclays
Dan Kurnos - The Benchmark Company
Tom Champion - Piper Sandler
James Kenny - Jefferies
Youssef Squali - Truist
Ygal Arounian - Citigroup
Nick Jones - JMP Securities

Operator

Welcome to the IAC and Angi Third Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Mr. Christopher Halpin, Executive Vice President, CFO and COO of IAC. Please go ahead, sir.

Christopher Halpin

Thank you, operator. Good morning, everyone, Christopher Halpin here and welcome to the IAC and Angi Inc. Third Quarter Earnings Call. Joining me today are Joey Levin, CEO of IAC and Chairman of Angi Inc.; and Jeff Kip, CEO 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 turn the call over to Joey to make a few brief introductory remarks, and we’ll then open it up. Before that, I’d like to remind you that during this presentation, we may make certain statements that are considered forward-looking under the federal securities laws. These forward-looking statements may include statements related to our outlook, strategy and future performance and are based on our current expectations and on information currently available to us.

Actual outcomes and results may differ materially from the future results expressed or implied in these statements due to a number of risks and uncertainties, including those contained in our most annual – most recent quarterly report on Form 10-Q and our most recent annual report on Form 10-K and in the subsequent reports that we file with the SEC. The information provided on this conference call should be considered in light of such risks.

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.