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 Q1 2021

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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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MGM Resorts

The internet holding company is suffering from a slower advertising environment, but majority-owned Angi beat estimates.

IAC Earnings Soar on MGM Stake

NEW YORK , May 9, 2023 /PRNewswire/ -- The gap in volume between robotexts and robocalls widened in April according to Robokiller Insights, as Americans received 13 billion robotexts (an 8% increase vs. March) and 5 billion robocalls (a 13% decrease).

Divergent Paths: Robocalls Decline While Robotexts Spike, According to Robokiller Insights

Celsius Holdings

Revance Therapeutics

Wynn Resorts

We have narrowed our search to four stocks that are set to report earnings results today after market closes. These are: WYNN, CELH, RVNC and IAC.

Top 4 Stocks Set to Beat on Earnings Today After Market Closes

The mean of analysts' price targets for IAC (IAC) points to a 55.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think IAC (IAC) Could Surge 55.48%: Read This Before Placing a Bet

NEW YORK , April 12, 2023 /PRNewswire/ -- After the close of market trading on Tuesday, May 9, 2023, 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 10, 2023, at 8:30 a.m.

IAC TO ANNOUNCE Q1 2023 EARNINGS ON MAY 9th AND HOST EARNINGS CONFERENCE CALL ON MAY 10th

NEW YORK , April 11, 2023 /PRNewswire/ -- Today IAC (NASDAQ: IAC) announced the completion of an $80 million all cash transaction to acquire the land under its iconic New York City headquarters at 555 West 18th Street.

IAC Acquires Land Under Iconic New York City Headquarters for $80 Million

NEW YORK , April 4, 2023 /PRNewswire/ -- Americans received 12.2 billion robotexts and 5.9 billion robocalls in March, increases of 13% and 23%, respectively, according to Robokiller Insights. Although the spike can be attributed in part to a longer month, it's still cause for concern for Americans seeking a reprieve from unwanted texts and calls.

Both Robotexts and Robocalls Increased in March, According To Robokiller Insights

Caesars Entertainment

DraftKings

Las Vegas Sands

Penn Entertainment

A night at the casino might seem like an experience frozen in time -- imagine visions of James Bond or pressing your luck at the craps table -- but the casino industry is changing fast, and new developments present a unique opportunity for investors.

Investing in Casino Stocks

NEW YORK , March 16, 2023 /PRNewswire/ -- Americans received an estimated 15 billion political text messages and 384 million political calls in 2022, according to Robokiller's 2022 political insights repor t released today. This marks a divergence in paths — political texts increased by 158% while political calls decreased by 57%.

Americans Received 158% More Political Texts in 2022, But Political Calls Drop, According to Robokiller Report

NEW YORK , March 6, 2023 /PRNewswire/ -- Americans received a whopping 225 billion robotexts, a 157% increase from 2021 and the most significant increase on record, according to Robokiller's annual phone scam report released today. Scammers haven't shifted too far away from robocalls yet, as those reached 78 billion in 2022, a modest 8% increase from the year prior.

Robocall Growth Slows, Spam Texts Explode According to Robokiller 2022 Phone Scam Insights Report

Don't expect to value the company on a standard earnings ratio, though.

This Baby Berkshire Might Be the Cheapest Stock in America Right Now

ANGI Homeservices

NEW YORK , Feb. 21, 2023 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 31st Annual Deutsche Bank Media, Internet & Telecom Conference on Tuesday, February 28, 2023.  Christopher Halpin, Executive Vice President, CFO and COO of IAC, will participate in a fireside chat at 4:20 p.m.

IAC to Participate in the 31st Annual Deutsche Bank Media, Internet & Telecom Conference

IAC Inc. (NASDAQ:IAC ) Q4 2022 Earnings Conference Call February 14, 2023 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO and COO Joseph Levin - CEO, IAC Inc., CEO and Chairman, Angi, Inc. Conference Call Participants Jason Helfstein - Oppenheimer Cory Carpenter - JPMorgan John Blackledge - Cowen Ross Sandler - Barclays Brian Fitzgerald - Wells Fargo Dan Kurnos - The Benchmark Company Youssef Squali - Truist Securities Tom Champion - Piper Sandler Operator Welcome to the IAC and Angi Fourth Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

IAC Inc. (IAC) Q4 2022 Earnings Call Transcript

IAC/InterActiveCorp. topped earnings expectations for its latest quarter on Monday while matching expectations on revenue and promising a return to the “basics” this year.

IAC earnings top expectations as company says it's refocusing on the ‘basics'

NEW YORK , Feb. 13, 2023 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its fourth quarter financial results, a letter to shareholders and an Angi Inc. earnings deck 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 fourth quarter results and to answer questions.

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

NEW YORK , Feb. 6, 2023 /PRNewswire/ -- Americans received an estimated 5.5 billion robocalls in January, a modest increase from December's 5.3 billion and consistent with  recent monthly totals, according to Robokiller Insights . Not only has month-over-month robocall growth stagnated, but Robokiller has also observed a drop in some of the most malicious robocall categories: calls involving car warranties (down 35% from December), student loans (down 33% from December), and now home mortgages (down 54% in January, following the FCC's most recent crackdown ).

Government Efforts to Curb Dangerous Robocalls Are Paying Off, According to Robokiller Insights

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.

IAC (IAC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Over the last 20 years, finding an internet-related business that will be successful over the long term has been a daunting task for both entrepreneurs and investors. Back in the day, no one knew whether Alphabet ( GOOG , Financial) or Pets.com would be the best investment choice.

IAC: Still Navigating the Internet Business World

The IAC unit, which incudes iconic properties like People magazine, is seeing both online and offline advertising weaken.

IAC Cuts Staff At DotDash Unit By 7% On Soft Ad Market

NEW YORK , Jan. 17, 2023 /PRNewswire/ -- After the close of market trading on Monday, February 13, 2023, IAC (NASDAQ: IAC) will post its fourth 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, February 14, 2023 at 8:30 a.m.

IAC TO ANNOUNCE Q4 2022 EARNINGS ON FEBRUARY 13th AND HOST EARNINGS CONFERENCE CALL ON FEBRUARY 14th

NEW YORK , Jan. 17, 2023 /PRNewswire/ -- Americans received a whopping 55 billion robotexts in December, a 16% increase from November and a new single-month record, according to Robokiller Insights. Meanwhile, robocalls decreased to 5.3 billion , a 17% drop from the month prior.

Robotexts Take Off Amid Government Efforts to Curb Robocalls, According to Robokiller Insights

NEW YORK , Jan. 11, 2023 /PRNewswire/ -- IAC (NASDAQ: IAC) posted monthly metrics for December 2022 in the investor relations section of its website at https://ir.iac.com/. About IAC IAC (NASDAQ: IAC) builds companies.

IAC Monthly Metrics Available on Company Website

SAN FRANCISCO--( BUSINESS WIRE )--Built In today announced that Vivian Health was honored in its 2023 Best Places To Work Awards. Specifically, Vivian Health earned a place on the Fully Remote Best Startup to Work For, Fully Remote Best Places to Work, and U.S. Best Startups to Work For lists. The annual awards program includes companies of all sizes, from startups to those in the enterprise, and honors both remote-first employers as well as companies in large tech markets across the U.S.

Built In Honors Vivian Health in Its Esteemed 2023 Best Places To Work Awards

Struggles at Angi and Dotdash Meredith have caused IAC's share price to plummet ~65% during 2022. With much of its valuation covered by its stake in Angi and MGM, at its current share price, investors are paying very little for Dotdash, Turo, Care.com, and other assets.

IAC: Asymmetric Investment At $42

Amazon

Bumble

Expedia

Alphabet

Lyft

Match Group

Pinterest

Take-Two Interactive Software

Uber

More than once, the technology and internet world has crashed and burned, and often for far different reasons.

News for IAC/InterActiveCorp Stock (IAC)