Angi (ANGI) Q1 2026 Earnings Call Summary
Angi (ANGI) reported Q1 2026 earnings with adjusted EBITDA of $23 million, exceeding expectations. The company repurchased $100 million in bonds at a 9% discount, reducing debt by 20% since the spinoff. Management announced a strategic shift to prioritize AI-native technology and paused share repurchases until 2027.
Tickers: $ANGI
Topics: AI capital allocation earnings market opportunity strategic shift