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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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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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.

Goldman Sachs Out With 10 Top Tech and Internet Stock Picks for 2023

Traffic is down about 5% across its platforms and it's affecting their advertising revenue which is falling sequentially. Moreover, there is slight bloat of about 10% in the SG&A costs due to migration expenses.

IAC Still Dealing With Integration Costs And Tougher Ad Market

NEW YORK , Dec. 5, 2022 /PRNewswire/ -- Americans are estimated to have received a record-shattering 47 billion spam texts in November, an 160% leap from October's then-high mark of 18 billion, according to Robokiller Insights . Behind the unprecedented surge in spam texts is a long list of brands who leaned into SMS marketing to drive holiday sales.

Americans Received Estimated 47B Spam Texts In November Amid Holiday Shopping Surge, According to Robokiller Insights

NEW YORK , Dec. 1, 2022 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Barclays Global Technology, Media and Telecommunications Conference on Thursday, December 8, 2022. Christopher Halpin, Chief Financial Officer of IAC, will participate in a fireside chat at 10:25 a.m.

IAC to Participate in the Barclays Global Technology, Media and Telecommunications Conference

AUSTIN, Texas--( BUSINESS WIRE )--With inflation looming large and the holidays around the corner, Care.com polled 1,000 parents across the U.S. to get a pulse on how they are approaching the holiday season, from gifting and tipping to gifts they want most this year. While concern was high with regard to purchasing gifts for their kids (79%), parents still plan to tip key people in their lives (76%) and many will even hire holiday help (40%).

Care.com Reveals Parents' Plans for Spending, Tipping and Hiring This Holiday Season

ATLANTA, Nov. 09, 2022 (GLOBE NEWSWIRE) -- EmployBridge, a leading provider of technology-enabled, light industrial workforce solutions in the United States, today announced it has completed the previously announced acquisition of Bluecrew, the first hourly W-2 workforce-as-a-service platform, from IAC (NASDAQ: IAC). The transaction brings together EmployBridge's industry-leading offering and scale with Bluecrew's digital-first model and technology to create a leading national workforce management platform.

EmployBridge Completes Acquisition of Bluecrew

IAC Inc. (NASDAQ:IAC ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Christopher Halpin - EVP and CFO Joseph Levin - CEO, IAC Inc., CEO and Chairman, Angi, Inc. Mark Schneider - Head, IR Conference Call Participants Eric Sheridan - Goldman Sachs John Blackledge - Cowen Cory Carpenter - JPMorgan Brent Thill - Jefferies David Katz - Jefferies Ross Sandler - Barclays Jason Helfstein - Oppenheimer Daniel Kurnos - The Benchmark Company Justin Patterson - KeyBanc Tom Champion - Piper Sandler Youssef Squali - Truist Operator Good morning, everyone, and welcome to the IAC and Angi Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please also note, today's event is being recorded.

IAC Inc. (IAC) Q3 2022 Earnings Call Transcript

IAC (IAC) delivered earnings and revenue surprises of -200% and 2.15%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

IAC (IAC) Reports Q3 Loss, Misses Revenue Estimates

CEO Joey Levin addressed some of the company's issues in a remarkably frank letter to shareholders on Tuesday.

IAC's Growth Sags on Slowdown in Ad Sales

NEW YORK , Nov. 3, 2022 /PRNewswire/ -- Americans received 18.2 billion robotexts in October , a 16% increase from September's then-record-setting 15.6 billion. The significant spike can be attributed in part to the fast-approaching midterm elections, as political messages jumped 37% month-over-month.

Robotexts Skyrocket to Record 18 Billion, According to RoboKiller Insights

Earnings Preview: IAC (IAC) Q3 Earnings Expected to Decline

IAC is a company that has one of the most marquee portfolio histories possible in buying and developing valuable media properties. It owned Hotels.com and Vimeo at some point. It is a SoTP thesis where both public and conservatively-valued privately traded holdings add up to much more than the current market cap.

News for IAC/InterActiveCorp Stock (IAC)