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

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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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Total revenue increased 25.9% YOY to $829.4 million (-8.0% vs. consensus), driven by broad based growth across all operating segments including ANGI Inc. (12.2%), Dotdash (64.3%), Search (39.8%) and Emerging & Other (15%).

IAC Keeps Growing After Vimeo Spinoff

NEW YORK, Aug. 6, 2021 /PRNewswire/ -- RoboKiller , the app that eliminates 99% of spam calls and text messages, reveals Americans received an estimated 5.74 billion spam calls in July 2021—a 3%  decrease from June. Spam text volume also increased to 7.1 billion spam texts  for July, a 5% increase from June.

Total Robocalls Decrease by 3% in the First Month of STIR/SHAKEN Release

IAC/InterActiveCorp (IAC) CEO Joey Levin on Q2 2021 Results - Earnings Call Transcript

IAC/InterActiveCorp (IAC) delivered earnings and revenue surprises of 65.63% and -6.30%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

IAC/InterActiveCorp (IAC) Reports Q2 Loss, Misses Revenue Estimates

A lighter IAC/InterActiveCorp. began its latest chapter Wednesday with its first earnings report following the May spinoff of Vimeo.

Earnings Results: IAC feels a sting from Angi rebrand in first earnings report after Vimeo spinoff

IAC/InterActiveCorp (IAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: IAC/InterActiveCorp (IAC) Q2 Earnings Expected to Decline

NEW YORK, July 14, 2021 /PRNewswire/ -- After the close of market trading on Wednesday, August 4, 2021, 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 Thursday, August 5, 2021 at 8:30 a.m.

IAC to Announce Q2 2021 Earnings on August 4th and Host Earnings Video Conference on August 5th

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3 Great Conglomerate Stocks for Your IRA

NEW YORK, July 13, 2021 /PRNewswire/ -- Teltech Systems, creators of the award-winning robocall blocking app  RoboKiller , today announced the newest addition to its portfolio,  SwitchUp . SwitchUp allows users to seamlessly manage multiple phone numbers from one device, making it easy to switch between personal and business-related calls and texts.

Teltech Launches Its New Privacy-Focused Second Phone Number App, SwitchUp

NEW YORK, July 12, 2021 /PRNewswire/ -- IAC (NASDAQ: IAC) posted monthly metrics for June 2021 on the investor relations section of its website at https://ir.iac.com/. About IAC IAC builds companies.

IAC Monthly Metrics Available on Company's Website

AUSTIN, Texas--(BUSINESS WIRE)--Care.com today announced that it has expanded its enterprise services through new partnerships with CollegeVine and Talkspace (NASDAQ: TALK).

Care.com Expands Suite of Enterprise Services Through Partnerships With CollegeVine and Talkspace

Only days after state attorney generals sued Alphabet's Google for anti-competitive practices, IAC CEO Joey Levin says Apple Inc (NASDAQ: AAPL) will be the next target. On CNBC's “Squawk Box”, Levin said, “I think Apple is, in many senses, worse than Google”.

IAC CEO on anti-competitive practices: ‘Apple is worse than Google'

Apple

Apple will be the next major target in the United States' latest crack down on Big Tech, IAC CEO Joey Levin told CNBC on Friday.

IAC CEO says Apple is ‘worse' than Google and will be next target in U.S. antitrust crackdown

Last month IAC spun off Vimeo and is now embarking on its next phase where businesses such as Care.com and their investment in car sharing company Turo will hopefully capture investors' attention now that they are out of the shadow of Vimeo.

IAC CEO Joey Levin On The Company's $1 Billion Bet On MGM

CEDAR KNOLLS, N.J., June 15, 2021 /PRNewswire/ -- Calling all fitness lovers and families – there's still time to enter the Daily Burn and Eggland's Best Sweepstakes for a chance to win a variety of fitness-themed prizes!

Get Cracking! Last Call to Enter the Daily Burn & Eggland's Best Sweepstakes

NEW YORK, June 9, 2021 /PRNewswire/ -- IAC (NASDAQ: IAC) posted monthly metrics for May 2021 and a new Investor Deck on the investor relations section of its website at https://ir.iac.com/. About IAC IAC (NASDAQ: IAC) builds companies.

IAC Monthly Metrics and Investor Deck Available on Company's IR Site

NEW YORK, June 8, 2021 /PRNewswire/ -- IAC (NASDAQ: IAC) announced that Executive Vice President and Chief Financial Officer Glenn H. Schiffman will depart the company to pursue a new opportunity following a couple months of a transitional period.

IAC Announces CFO Transition

IAC/InterActiveCorp (IAC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Strength Seen in IAC/InterActiveCorp (IAC): Can Its 3.2% Jump Turn into More Strength?

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NEW YORK, May 26, 2021 /PRNewswire/ -- Dotdash, an operating business of IAC (NASDAQ: IAC), will attend the Cowen 49th Annual Technology Media & Telecom Conference on Thursday, June 3.  Neil Vogel, Chief Executive Officer of Dotdash, will participate in a fireside chat at 8:30 a.m.

Dotdash to Participate in Cowen 49th Annual Technology Media & Telecom Conference

Vimeo hitting the market also hit IAC's shares today.

Why IAC Stock Plunged After Vimeo's Spinoff

Vimeo

NEW YORK, May 25, 2021 /PRNewswire/ -- Vimeo, the world's leading all-in-one video software solution, will begin trading today on Nasdaq under the symbol "VMEO." As a result of the spin-off, IAC's interest in Vimeo is now held directly by IAC shareholders, and Vimeo is a separate, publicly-traded company.

IAC Completes Spin-Off Of Vimeo

CEDAR KNOLLS, N.J., May 25, 2021 /PRNewswire/ -- Reminder to all families and fitness fanatics!

Egg-Citing Offer! There's Still Time to Enter the Daily Burn & Eggland's Best Sweepstakes

NEW YORK, May 20, 2021 /PRNewswire/ -- Vimeo, the world's leading all-in-one video solution, today introduced Video Library , the latest evolution in workplace communication. Video Library is a centralized, secure hub designed to make creation, communication, and collaboration with video easy and accessible for every employee.

Vimeo Unveils New Corporate Video Library To Keep Teams Connected

NEW YORK, May 19, 2021 /PRNewswire/ -- Vimeo, an operating business of IAC (NASDAQ: IAC) will attend the JP Morgan Technology, Media and Communications Conference on Wednesday, May 26, 2021.  Anjali Sud, Chief Executive Officer of Vimeo, will participate in a fireside chat at 10:25 a.m.

News for IAC/InterActiveCorp Stock (IAC)