Angi revenue falls 8.9% as restructuring lifts adjusted EBITDA margin
AI Summary- Angi reported third-quarter revenue of $242 million and adjusted EBITDA of $42.2 million.
- Adjusted EBITDA rose 6.3% year over year, reaching the highest quarterly margin since 2018.
- Angi plans $40 million-$50 million of annual operating savings and about $10 million in lower CapEx.