IAC/InterActiveCorp

IAC, Inc. engages in media and Internet business. It operates through the following segments: Dotdash Meredith, Angi Inc, Search, and Emerging and Other. The Dotdash Meredith segment provides digital and print publishing services from mobile to magazines. The ANGI Homeservices segment offers repairing, remodeling, cleaning, and landscaping through category-transforming products under HomeAdvisor, Angie's List, Handy, and Fixd Repair brands. The Search segment consists of Ask Media Group, which provides general search services and information. The Emerging and Other segment includes platforms Care.com, Bluecrew, NurseFly Mosaic Group, Vivian Health, The Daily Beast, IAC Films, and Newco. The company was founded on August 24, 1995, and is headquartered in New York, NY.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

IAC's Angi shows strong Q4 growth, Dotdash Meredith eyes stability

Angi's Q4 performance reflects growth in ads and leads business, with a focus on improving net revenue reporting. Dotdash Meredith anticipates revenue stability and growth in 2023 amidst challenges.
Efficiency improvements and cost savings initiatives at Angi are expected to drive growth in adjusted EBITDA and CapEx. Dotdash Meredith leverages AI tools for content development efficiency and differentiation.
Levin's emphasis on customer experience and intent strengthens Angi's competitive edge. Dotdash Meredith's expected growth rate exceeding the market indicates strong positioning.
Challenges include improving retention rates at Angi and addressing revenue challenges at Dotdash Meredith. Opportunities lie in enhancing customer retention and leveraging AI tools for content efficiency.

IAC and Angi Inc. report Q1 earnings, focus on profitability and AI integration

IAC and Angi Inc. focus on profitability, customer experience, and AI integration for efficiency.
Dotdash Meredith shows improvements in traffic, marketing, and e-commerce integration.
Angi plans to reinvest for revenue growth despite expected revenue decline in 2023.
Capital allocation strategies aim to create shareholder value through strategic investments.

IAC reports mixed Q2 performance, focuses on long-term growth

IAC's Q2 performance showed a mix of revenue declines and growth across its businesses.
Strategic restructuring efforts are driving long-term growth and improving customer experience.
Opportunities lie in leveraging Gen AI, enhancing SEO, and expanding services for growth.
Challenges include revenue declines, AI model limitations, and ongoing IP rights discussions.

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SAN FRANCISCO , Oct. 30, 2024 /PRNewswire/ -- Vivian Health , an IAC (NASDAQ: IAC) company and the leading job marketplace for healthcare professionals, and RightSourcing by Magnit , a pioneering provider of modern workforce solutions and services in the healthcare industry, have partnered to create Fast Track, an industry-first solution that aims to transform the hiring process for contingent healthcare staffing. The partnership leverages Vivian's vast network of over 2 million clinicians while helping accelerate their placement through streamlined job postings, simplified profile requirements, and increased process efficiency.

Vivian Health and RightSourcing Partner to Deliver Innovative Contingent Staffing Solution for the Healthcare Industry

ANGI Homeservices

NEW YORK , Oct. 16, 2024 /PRNewswire/ -- After the close of market trading on Monday, November 11, 2024, IAC (NASDAQ: IAC) will post its third quarter results and simultaneously IAC CEO Joey Levin will publish a letter to shareholders, which may include certain forward-looking information, at https://ir.iac.com/quarterly-results. On Tuesday, November 12 2024, at 8:30 a.m.

IAC TO ANNOUNCE Q3 2024 EARNINGS ON NOVEMBER 11th AND HOST EARNINGS CONFERENCE CALL ON NOVEMBER 12th

NEW YORK , Sept. 4, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10, 2024.

IAC to Participate in the Goldman Sachs Communacopia & Technology Conference

NEW YORK , Aug. 28, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in Citi's 2024 Global TMT and GEMS Conference on Friday, September 6, 2024. Neil Vogel, Chief Executive Officer of Dotdash Meredith, will participate in a fireside chat at 10:00 a.m.

IAC to Participate in Citi's 2024 Global TMT and GEMS Conference

IAC has signalled to the market that it's ready to make deals. Any kind of transaction (sale, acquisition, or IPO) could unlock shareholder value. If the private assets are indeed worth what we speculate, IAC is severely undervalued even when taking into account corporate overhead costs and could double when the market catches up. IAC's CEO and team are incentivized with RSUs to get the share price to at least $110 by 2030.

IAC Inc. Is A Steal, But It Needs A Deal

General Motors

NVIDIA

Samantha McLemore of Patient Capital sees plenty of value in the Magnificent Seven, and in small-caps and energy shares.

It's Too Soon to Sell Nvidia, Says This Investor. Why She Likes GM and IAC Stock.

NEW YORK , Aug. 7, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Oppenheimer 27th Annual Technology, Internet & Communications Conference on Tuesday, August 13, 2024. Christopher Halpin, Executive Vice President, CFO and COO of IAC will participate in a fireside chat at 1:15 p.m.

IAC to Participate in the Oppenheimer 27th Annual Technology, Internet & Communications Conference

IAC Inc. (NASDAQ:IAC ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO & COO Joey Levin - CEO of IAC Inc. Jeff Kipp - CEO of Angi Inc. Conference Call Participants Ross Sandler - Barclays Cory Carpenter - JP Morgan Eric Sheridan - Goldman Sachs John Blackledge - TD Cowen Jason Helfstein - Oppenheimer Youssef Squali - Truist Nick Jones - Citizens JMP Brent Thill - Jefferies Yugal Arouninan - Citigroup Tom Champion - Piper Sandler Operator Good day and welcome to the IAC, and Angi's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

IAC Inc. (IAC) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for IAC (IAC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About IAC (IAC) Q2 Earnings

IAC (IAC) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.32 per share. This compares to loss of $0.76 per share a year ago.

IAC (IAC) Q2 Earnings and Revenues Surpass Estimates

Meredith

IAC posted a 24% rise in its core profit in the second quarter, banking on advertising and licensing revenues of Dotdash Meredith, its biggest business.

IAC's core profit rises after unit Dotdash Meredith sees uptick in advertising, licensing revenue

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its second quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.com/quarterly-results. As announced previously, IAC and Angi Inc. will host a conference call to discuss both companies' respective second quarter results and to answer questions.

IAC Earnings Release and Letter to Shareholders Available on Company's Website

IAC's second-quarter 2024 results are likely to bear the brunt of the weakness in Angi, search and print businesses.

IAC Gears Up to Report Q2 Earnings: Here's What to Expect

Paramount Global

Diller said he will be "shocked" if the merger does not face a lot of legal challenges.

Barry Diller hints IAC no longer in race for Paramount deal, fears merger will face litigation: report

Billionaire Barry Diller signaled his digital-media conglomerate IAC was no longer in the race to buy Paramount Global , CNBC reported on Friday.

Barry Diller says Paramount pursuit 'might be over' for IAC, CNBC reports

Bombardier Inc.

Celsius Holdings

Direct Digital Holdings

PaySign Inc

AiHuiShou International Co Ltd

The broader market rally has left many investors wondering if there are any growth stocks to buy before a correction. I believe that there absolutely are.

7 Growth Stocks to Buy With $1,000 or You'll Be Kicking Yourself in 2025

NEW YORK , July 17, 2024 /PRNewswire/ -- After the close of market trading on Tuesday, August 6, 2024, IAC (NASDAQ: IAC) will post its second quarter results and simultaneously IAC CEO Joey Levin will publish a letter to shareholders, which may include certain forward-looking information, at https://ir.iac.com/quarterly-results. On Wednesday, August 7, 2024, at 8:30 a.m.

IAC TO ANNOUNCE Q2 2024 EARNINGS ON AUGUST 6th AND HOST EARNINGS CONFERENCE CALL ON AUGUST 7th

IAC is undergoing major cost control and restructuring efforts, with a focus on improving profitability across all businesses, including Angi and DDM. Moreover, they have inked a deal with OpenAI who will pay them for the license to their content, which will translate at high margin into profits. We have reduced the P/S on DDM for conservativeness compared to last article, but the upside is just growing further as IAC reaches close to all-time lows.

IAC: Could Be An Inflection Point With OpenAI Deal Inked

Billionaire Barry Diller's digital-media conglomerate IAC is exploring a bid to take control of Paramount Global , a person familiar with the matter told Reuters on Monday.

Barry Diller's IAC explores bid to take control of Paramount, source says

NEW YORK , May 23, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 52nd Annual TD Cowen Technology, Media and Telecom Conference on Thursday, May 30, 2024. Christopher Halpin, Executive Vice President, CFO and COO of IAC will participate in a fireside chat at 11:25 a.m.

IAC to Participate in the 52nd Annual TD Cowen Technology, Media and Telecom Conference

AUSTIN, Texas--(BUSINESS WIRE)--Care.com, the world's largest online platform for finding and managing family care, today announced a Care Spending Account product that gives employers a flexible solution to financially support their employees with the ongoing costs of care, whether for children, seniors, pets or themselves. Offered through Care for Business, the Company's enterprise segment, the product joins an existing portfolio of workplace solutions which include premium Care.com membershi.

Care.com Introduces Spending Accounts to Help Employers Mitigate the Cost of Care for Employees

AUSTIN, Texas--(BUSINESS WIRE)--Care.com, the world's largest online platform for finding and managing family care, and Found, the leading banking platform for the independent workforce, today announced a partnership to provide caregivers with a seamless solution for managing their earnings. Caregivers on Care.com can now sign up for Found to create a bank account where they can receive their wages and access tools to seamlessly track income and work-related expenses, view financial insights, h.

Care.com Partners With Found to Offer Caregivers Financial Tools

NEW YORK , May 14, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 22, 2024.

IAC to Participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference

IAC Inc. (NASDAQ:IAC ) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO & COO Joey Levin - CEO Jeff Kipp - CEO Conference Call Participants John Blackledge - TD Cowen Cory Carpenter - JP Morgan Jason Helfstein - Oppenheimer Justin Patterson - KeyBanc Eric Sheridan - Goldman Sachs Brian Fitzgerald - Wells Fargo Dan Kurnos - The Benchmark Company Brent Thill - Jefferies Tom Champion - Piper Sandler Operator Good day. And welcome to the IAC, Angi First Quarter 2024 Earnings Conference Call.

IAC Inc. (IAC) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for IAC (IAC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

News for IAC/InterActiveCorp Stock (IAC)