Angi Inc. (ANGI) Reports Q4 Profit of 17c vs. Prior-Year Loss

Angi Inc. (ANGI) reported fourth-quarter net income of $7.2 million, a reversal from a loss in the same period a year earlier, with earnings of 17 cents per share. Revenue for Q4 totaled $240.8 million. For the full year, the company earned $43.8 million, or 94 cents per share, on revenue of $1.03 billion. Angi shares fell 7.5% YTD and closed at $11.96, down 32% year-to-date.