Earnings release
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ANGI INC . REPORTS Q2 2021 – Q2 REVENUE INCREASES 12 % TO $ 421 MILLION DENVER- August 4 , 2021 — Angi Inc. ( NASDAQ : ANGI ) released its second quarter results today . Monthly metrics for Angi Inc. through July 2021 are included on page 3 of this release . A letter to IAC shareholders from the Angi Inc. Chairman and IAC CEO Joey Levin was posted on the Investor Relations section of IAC's website at ir.iac.com . Q2 2021 HIGHLIGHTS ● ● ● ● Angi O ANGI INC . SUMMARY RESULTS ( $ in millions except per share amounts ) Q2 2021 $ 421.0 $ Revenue Operating ( loss ) income ( 32.7 ) Net ( loss ) earnings ( 30.3 ) GAAP Diluted EPS ( 0.06 ) Adjusted EBITDA ( 4.4 ) See reconciliations of GAAP to non - GAAP measures beginning on page 9 . Q2 2020 O 13 % Advertising and Other growth 375.1 17.6 12.7 0.02 57.9 Growth Page 1 of 12 12 % NM NM NM NM Revenue increased 12 % year - over - year , the third consecutive quarter of double - digit growth reflecting : 12 % Marketplace growth , including 127 % growth from Angi Services ( pre - priced offerings ) to $ 73 million O 19 % growth in Europe Marketplace Transacting Service Professionals increased 16 % year - over - year to a record high of 225,000 , the sixth consecutive quarter of sequential growth . Advertising Service Professionals increased 6 % year - over - year to 40,000 , the sixth consecutive quarter of sequential growth . Marketplace Monetized Transactions increased 11 % year - over - year to over 5 million with nearly 18 million in the trailing twelve months . On July 1 , 2021 , Angi Inc. acquired Total Home Roofing , a leading residential roofing company , to accelerate the Angi Services roofing category . Operating loss and Adjusted EBITDA both reflect the impact of $ 9.6 million in one - time costs ( with expected future savings ) related to rationalizing the Company's real estate footprint .