Noticias y eventos de Angi Inc (ANGI)ANGIAngi Inc

Angi Partners with Paradigm Vendo to Provide Digital Sales Technology for Home Improvement

Angi has partnered with Paradigm Vendo to provide home improvement professionals with access to digital sales and quoting technology. Paradigm Vendo and Angi have announced a strategic partnership to help home improvement contractors generate quality leads, streamline in-home sales, and turn more opportunities into signed projects. By combining Angi's homeowner lead generation services and Pro Perks program with Paradigm Vendo's digital quoting and guided selling technology, contractors gain access to tools that support the entire sales process. Through the Angi Pro Perks program, eligible Angi pros can utilize their benefits to explore Paradigm Vendo, a guided selling and quoting platform that helps contractors simplify the in-home sales process, configure products, create accurate estimates and deliver professional proposals. The partnership also provides new benefits for Paradigm Vendo customers to leverage Angi to connect with homeowners actively planning home improvement projects.

Angi Reports Q3 Revenue of $242.0M

Reports Q3 revenue $242.0M, consensus $243.49M. "Angi has one of the most recognized brands in home services, a large network of Pros and an enormous market opportunity," said Mike Steib, Chief Executive Officer of Angi. "My first 45 days have reinforced my conviction in the potential of this business. We're building on the work already underway to simplify how we operate, move faster and develop better products using technology and AI. I see significant opportunities to improve profitability and cash flow in the near term while building a stronger company positioned for long-term growth." Angi said: "Revenue decreased (9)% year-over-year, an improvement from (11)% in Q2 2026, as higher monetization partially offset lower Lead volume. International Revenue decreased by (5)% year-over-year due primarily to a decrease in the number of active Pros as well as unfavorable foreign currency exchange rate movements. Revenue per Lead increased 10% year-over-year in Q3 2026, and average monthly revenue per active Pro increased 6% year-over-year, as the Pro mix continued to shift away from heavily discounted legacy advertising product toward Large Pros, where revenue grew over 20%."

Angi Announces 300 Job Cuts, Expects $50M to $60M in Savings

Angi said: "On November 3, 2026, we announced a reduction of our global workforce by approximately 300 roles, mostly in middle management and support functions, to increase focus and organizational velocity. The company expects these actions to generate approximately between $50.0M and $60.0M of annual run-rate savings in operating expenses and capital expenditures, some of which may be re-invested. The company expects to incur approximately $18.0M to $30.0M of restructuring charges, primarily in the fourth quarter of 2026 and the first half of 2027."