BUSINESS COMBINATION

9 Months Ended

Sep. 30, 2019

On October 19, 2018, the Company acquired 100% of Handy Technologies, Inc. ("Handy"), a leading platform in the U.S. for connecting individuals looking for household services. The Company's purchase accounting is substantially complete; there were no material adjustments recorded during the first nine months of 2019 related to purchase accounting, with the exception of the allocation of approximately $27.2 million to pre-acquisition net operating losses, which reduced goodwill by the same amount. Purchase accounting will be finalized in the fourth quarter of 2019.

Unaudited pro forma financial information

The unaudited pro forma financial information in the table below presents the combined results of the Company and Handy as if this acquisition had occurred on January 1, 2017. The unaudited pro forma financial information includes adjustments required under the acquisition method of accounting and is presented for informational purposes only and is not necessarily indicative of the results that would have been achieved had the acquisition actually occurred on January 1, 2017.



	Three Months Ended September 30, 2018		Nine Months Ended September 30, 2018
	(In thousands, except per share data)
Revenue	$	310,992	$	874,884
Net earnings attributable to ANGI Homeservices Inc. shareholders	$	25,787	$	35,629
Basic earnings per share attributable to ANGI Homeservices Inc. shareholders	$	0.05	$	0.07
Diluted earnings per share attributable to ANGI Homeservices Inc. shareholders	$	0.05	$	0.07