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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 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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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

ANGI Homeservices

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

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.

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.

IAC's Many Platform Businesses Add Up To A 65% Conservative Upside

Suite of Software Solutions Prevents Robocalls and Robotexts from Disrupting Communication Channels NEW YORK , Oct. 13, 2022 /PRNewswire/ -- RoboKiller Enterprise , a suite of FCC-compliant phone spam solutions designed to protect your business's reputation and put an end to robocalls on your business lines and mobile devices, announced the launch of a new offering: spam-call-free™ protection with minimal-effort integration. To introduce the product, RoboKiller Enterprise will attend the Cloud Comms Summit  on October 18-19 in Chicago.

RoboKiller Enterprise Offers Spam-Call-Free Protection For Any Business

The sharp decline in IAC shares this year has made the stock a good buy, some analysts say.

IAC Shares Slide as Angi Struggles and Ad Sales Slump

NEW YORK , Oct. 12, 2022 /PRNewswire/ -- After the close of market trading on Tuesday, November 8, 2022, 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 Wednesday, November 9, 2022 at 8:30 a.m.

IAC TO ANNOUNCE Q3 2022 EARNINGS ON NOVEMBER 8th AND HOST EARNINGS CONFERENCE CALL ON NOVEMBER 9th

FCC Vows Action Against Unwanted Robotexts NEW YORK , Oct. 5, 2022 /PRNewswire/ -- In September, Americans received 15.6 billion robotexts , a staggering 43% climb from August and the largest increase to date, according to RoboKiller , the app that eliminates 99% of robocalls and robotexts. Conversely, they received 6 billion robocalls , an 18% decrease, which aligns with government efforts to curb the influx of robocalls, specifically car warranty robocalls, which were down 23% in September.

Robotexts Rise In September, According To RoboKiller Insights

Highly Strategic Combination to Establish Industry-Leading Workforce Management Platform in the  Approximately $40 Billion Light Industrial Staffing Market

EmployBridge to Acquire IAC's Bluecrew

NEW YORK , Sept. 27, 2022 /PRNewswire/ -- RoboKiller Enterprise , a suite of FCC-compliant phone spam solutions for business, today announced it now offers protection against smishing via its Command API, making it the best and only way to eliminate robotexts for businesses.

RoboKiller Enterprise Adds Robotext Blocking To Its Command Solution

SAN FRANCISCO , Sept. 14, 2022 /PRNewswire/ -- Vivian Health, an IAC (NASDAQ: IAC) company and the leading healthcare jobs marketplace serving healthcare professionals first, today announced an agreement with Lume, a banking platform for healthcare workers, which allows Vivian to leverage Lume's technology to create new banking and financial services for the more than 800,000 registered clinicians on the Vivian platform.

Vivian Health Acquires Use of Lume Technology to Further Empower and Support Healthcare Workers

NEW YORK , Sept. 13, 2022 /PRNewswire/ -- Dotdash Meredith, an operating business of IAC (NASDAQ: IAC), will participate in the Truist Securities Internet Growth Summit on Friday, September 16, 2022.

Dotdash Meredith to Participate in the Truist Securities Internet Growth Summit

NEW YORK , Sept. 8, 2022 /PRNewswire/ -- RoboKiller Enterprise , a suite of FCC-compliant phone spam solutions to protect a business's reputation and put an end to robocalls on their business lines, today released the findings from its Mid-Year Telecom Phone Spam Threat Report.

RoboKiller Enterprise Releases 2022 Mid-Year Telecom Phone Spam Threat Report

Mid-Year Report Reveals Americans are on Track to Receive 233 Billion Robotexts and Robocalls in 2022 NEW YORK , Sept. 8, 2022 /PRNewswire/ --  RoboKiller , the app that eliminates 99% of spam calls and robotexts, today released findings from its 2022 Mid-Year Phone Scam Report.

RoboKiller Releases 2022 Mid-Year Phone Scam Report

NEW YORK , Sept. 7, 2022 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 13, 2022.

IAC to Participate in the Goldman Sachs Communacopia + Technology Conference

NEW YORK , Sept. 2, 2022 /PRNewswire/ --  RoboKiller , the app that eliminates 99% of robocalls and robotexts, identified that Americans received 10.8 billion robotexts in August , a 9% decrease from a month earlier.

Americans Feel Some Relief From Robotexts As Summer Comes To An End, According To RoboKiller Insights

NEW YORK , Sept. 1, 2022 /PRNewswire/ -- Dotdash Meredith, the largest digital and print publisher in America, today named Wendy Naugle as Editor-in-Chief of PEOPLE Magazine.

Wendy Naugle Appointed Editor-in-Chief of PEOPLE

Dropbox

These companies are set up for consistent financial success this decade.

News for IAC/InterActiveCorp Stock (IAC)