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.

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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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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.

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ANGI Homeservices

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

Paramount Global

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.

IAC (IAC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

IAC (IAC) came out with a quarterly loss of $0.93 per share versus the Zacks Consensus Estimate of a loss of $1.14. This compares to loss of $2.06 per share a year ago.

IAC (IAC) Reports Q1 Loss, Lags Revenue Estimates

Meredith

Dotdash Meredith posted revenue of $390.5 million in the March quarter, up 1%,

IAC Posts Mixed Results, but Dotdash Meredith Sees Growth

Agreement delivers 100 million ChatGPT users trusted content from 40+ iconic media brands including PEOPLE, Better Homes & Gardens, FOOD & WINE, Verywell, InStyle, and Investopedia Companies to collaborate on D/Cipher–Dotdash Meredith's transformative cookieless ad targeting solution—bringing AI-powered capabilities and insights to enhance performance for advertisers NEW YORK , May 7, 2024 /PRNewswire/ -- Dotdash Meredith (DDM), America's largest digital and print publisher, today announced a strategic partnership and licensing agreement with OpenAI that will enhance ChatGPT with DDM's trusted content, including time-tested recipes, expert health and financial information, leading style and entertainment content, and rigorous product reviews from America's most celebrated media brands. DDM brands include PEOPLE, Better Homes & Gardens, FOOD & WINE, Verywell, InStyle and Investopedia.

Dotdash Meredith Announces Strategic Partnership with OpenAI, Bringing Iconic Brands and Trusted Content to ChatGPT

IAC's first-quarter 2024 results are expected to bear the brunt of the planned reduction in the circulation of certain publications within the print business.

IAC Gears Up to Report Q1 Earnings: Here's What to Expect

Beyond analysts' top -and-bottom-line estimates for IAC (IAC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Countdown to IAC (IAC) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

American Equity Investment Life

NEW YORK , May 1, 2024 /PRNewswire/ -- IAC Inc. (NASD: IAC) will replace American Equity Investment Life Holding Company (NYSE: AEL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, May 6. Brookfield Reinsurance (NYSE/ TSX: BNRE) is acquiring American Equity Investment Life Holding Company in a deal expected to be completed prior to the open on May 3.

IAC Set to Join S&P SmallCap 600

AUSTIN, Texas--(BUSINESS WIRE)--Care.com, the largest online platform for finding and managing family care, today announced that is has appointed Amit Goyal as Chief Technology Officer (CTO). In this capacity, Mr. Goyal is responsible for leading the Company's technology and engineering teams and developing a state-of-the art platform that will unify Care's global digital properties and enhance the Company's ability to deliver innovative products and services. In making the announcement, Brad W.

Care.com Names Amit Goyal Chief Technology Officer

IAC (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.

Will IAC (IAC) Report Negative Earnings Next Week? What You Should Know

NEW YORK , April 16, 2024 /PRNewswire/ -- After the close of market trading on Tuesday, May 7, 2024, IAC (NASDAQ: IAC) will post its first 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, May 8, 2024, at 8:30 a.m.

IAC TO ANNOUNCE Q1 2024 EARNINGS ON MAY 7th AND HOST EARNINGS CONFERENCE CALL ON MAY 8th

NEW YORK , April 15, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) announced a new strategic partnership today with Ben Sherwood and Joanna Coles to lead The Daily Beast. Effective immediately, Sherwood will serve as Publisher and CEO and Coles as Chief Creative and Content Officer.

IAC Joins with Ben Sherwood and Joanna Coles in Strategic Partnership to Define The Daily Beast's Next Chapter

Recently, Zacks.com users have been paying close attention to IAC (IAC). This makes it worthwhile to examine what the stock has in store.

Is Trending Stock IAC Inc. (IAC) a Buy Now?

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In the latest trading session, IAC (IAC) closed at $51.48, marking a -1.23% move from the previous day.

Here's Why IAC (IAC) Fell More Than Broader Market

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CHANTILLY, Va.--(BUSINESS WIRE)-- #AmentumWin--Amentum has been awarded a $245 million, five-year task order by the U.S. Air Force for the Defense Technical Information Center (DTIC) supporting Microelectronics Facilities and Laboratories Research, Development, Test, and Evaluation (RDT&E) for the Naval Surface Warfare Center (NSWC) Crane Strategic Microelectronics Division (GXM) and the Navy's Strategic Systems Programs (SSP). The contract will strengthen our nation's deterrence and defense by deliverin.

News for IAC/InterActiveCorp Stock (IAC)