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

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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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NEW YORK , June 8, 2022 /PRNewswire/ --  RoboKiller, the app that eliminates 99% of spam calls and text messages, identified that Americans received 11.9 billion spam text messages and 6.4 billion spam calls in May, a 5% increase from April on both fronts. Since January 2022, spam text messages remain at roughly 10 billion or more month-over-month, resulting in 55.5 billion spam text messages already this year.

SPAM TEXT MESSAGES REACH 11.9 BILLION, THE HIGHEST LEVEL TO DATE

SAN FRANCISCO--(BUSINESS WIRE)-- #covid19--The U.S. has crossed another grim milestone: Nearly two-thirds of nurses–63%–are considering leaving the field within five (5) years, up from 43% last year. But amid bleak statistics, there's hope: 55% of travel nurses said they would consider switching to a permanent role, suggesting that nurses are willing to trade money for stability with a strong employer. With findings from the nation's leading healthcare hiring marketplace, Vivian Health's third annual Stat

3,500 American Nurses Reveal That Despite Seeing Record Wages, Nearly Two-Thirds of Nurses are Still Considering Quitting

NEW YORK , May 26, 2022 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Cowen 50th Annual Technology Media & Telecom Conference on Thursday, June 2, 2022. Christopher Halpin, Chief Financial Officer of IAC, will participate in a fireside chat at 8:30 a.m.

IAC to Participate in the Cowen 50th Annual Technology Media & Telecom Conference

MGM Resorts

MGM Resorts: IAC's Barry Diller Licensed In Nevada In Clear Swerve To Bigger Online Deals Ahead

The internet conglomerate just reported on Q1 and gave an update regarding its capital allocation plans.

InterActiveCorp Shows Once Again How It Has Created So Much Value for Shareholders

IAC Interactive Corporation (IAC) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Joey Levin - Chief Executive Officer, IAC Christopher Halpin - Executive Vice President, Chief Financial Officer Oisin Hanrahan - Chief Executive Officer, Angi Neil Vogel - Chief Executive Officer, Dotdash Meredith Mark Schneider - Senior Vice President, Finance and Investor Relations Conference Call Participants Ross Sandler - Barclays John Blackledge - Cowen Cory Carpenter - JP Morgan Justin Patterson - Keybanc Jason Helfstein - Oppenheimer Brian Fitzgerald - Wells Fargo Eric Sheridan - Goldman Sachs Tom Champion - Piper Sandler Ygal Arounian - Wedbush Brent Thill - Jefferies Brad Erickson - RBC Capital Markets Mark Schneider During this presentation, we may discuss our outlook and future performance. These forward-looking statements typically may be preceded by words such as we expect, we believe, we anticipate, or similar statements.

IAC Interactive (IAC) CEO, Joey Levin on Q1 2022 Results - Earnings Call Transcript

IAC/InterActiveCorp (IAC) delivered earnings and revenue surprises of 1.75% and 0.23%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

IAC/InterActiveCorp (IAC) Reports Q1 Loss, Lags Revenue Estimates

IAC revenue lifted by Dotdash segment

IAC has been buying, building and selling online businesses since its founding in 1995.

IAC Sees Bargains In Tech Valuations. It's Ready to Go Shopping.

NEW YORK , May 6, 2022 /PRNewswire/ -- Americans received an estimated 11.3 billion spam text messages and 6.1 billion spam calls in April—month-over-month decreases of 2% and 18%, respectively, and the first decrease since February 2022 —according to RoboKiller, the app that eliminates 99% of spam calls and text messages. Even with a monthly decline in spam totals, spam calls and spam texts are pacing far ahead of 2021 levels.

ROBOKILLER OBSERVES 21% DECREASE IN PHONE SCAMS IN APRIL 2022, ACCORDING TO ROBOKILLER INSIGHTS

ANGI Homeservices

Investment to fast-track scalability and support inorganic growth Funding includes investments from IAC and Collaborative Fund In five years, Vivian Health has become a market leading platform for healthcare jobs, facilitating 15% of travel nursing placements in the U.S., representing $1.5B in annualized labor spend Over 700,000 of America's healthcare clinicians are registered to use Vivian's platform to find work SAN FRANCISCO , April 26, 2022 /PRNewswire/ -- Vivian Health, an IAC (NASDAQ: IAC) company and a leading healthcare jobs marketplace serving healthcare professionals first, today announced a $60 million primary and secondary equity investment led by Thoma Bravo, a leading software investment firm, with participation from IAC and Collaborative Fund. The new capital will be used to accelerate Vivian's rapid growth and further its scale among healthcare clinicians and employers, as well as to support future M&A initiatives.

IAC's Vivian Health Announces $60 Million Investment Led by Thoma Bravo

This company has a diversified set of assets and should thrive during a recession.

Worried About a Bear Market? Here's a Perfect Stock for You

NEW YORK , April 19, 2022  /PRNewswire/ -- Today Byrdie  (www.byrdie.com) announced its sixth Eco Beauty Awards , honoring the best beauty brands and products that emphasize education, transparency, innovation, and sustainability. Nominees are tested and analyzed by Byrdie's editors and industry-leading guest judges with three pillars in mind:  efficacy, ingredients, and sustainability.

Byrdie Announces Sixth Annual Eco Beauty Award Winners

Snap

Twitter

The effects of Elon Musk's surprise disclosure about his Twitter holdings are likely to spill over into these other two social media stocks. The post 3 Social Media Stocks to Buy Following Elon Musk's Twitter Surprise appeared first on InvestorPlace.

3 Social Media Stocks to Buy Following Elon Musk's Twitter Surprise

NEW YORK , April 14, 2022 /PRNewswire/ -- After the close of market trading on Monday, May 9, 2022, 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 Tuesday, May 10, 2022 at 8:30 a.m.

IAC TO ANNOUNCE Q1 2022 EARNINGS ON MAY 9th AND HOST EARNINGS VIDEO CONFERENCE ON MAY 10th

IAC has an amazing track record of building successful companies.

IAC/InterActiveCorp Has A Huge Runway Ahead

NEW YORK , March 17, 2022 /PRNewswire/ --   RoboKiller Enterprise , a suite of FCC-compliant robocall mitigation solutions for voice network providers, today released The State of STIR/SHAKEN , an analysis of the FCC's anti-caller ID spoofing framework. The report details the standard's efficacy in slowing spoofed spam calls since its mid-2021 release and reveals that the initial response from voice service providers (VSPs) has been underwhelming.

ROBOKILLER ENTERPRISE RELEASES STIR/SHAKEN REPORT

NEW YORK , Feb. 24, 2022 /PRNewswire/ -- Dotdash Meredith, an operating business of IAC (NASDAQ: IAC), will attend the BMO Digital Ad Summit on Thursday, March 3.  Neil Vogel, Chief Executive Officer of Dotdash Meredith, will participate in a fireside chat at 8:00 a.m.

Dotdash Meredith to Participate in the BMO Digital Ad Summit

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Dotdash Meredith announces the debut of a special edition magazine from The Home Edit that's filled with fresh tips, tricks, and insider secrets to help readers organize their homes and make their lives better in the process. Bringing The Home Edit's signature approach to organizing to its pages with real-life projects and tons of design, décor and lifestyle ideas from founders Clea Shearer and Joanna Teplin and the entire The Home Edit team,  The Home Edit: Feel-Good Organizing  special issue is available now at Magazine.Store and on newsstands nationwide on March 4.

THE HOME EDIT DEBUTS SPECIAL EDITION MAGAZINE TODAY

NEW YORK, Feb. 23, 2022 /PRNewswire/ -- Dotdash Meredith, the largest print and digital publisher in America, today named Liz Vaccariello as Editor-in-Chief of PEOPLE Magazine. Previously Editor-in-Chief of REAL SIMPLE, and an award-winning editor and NY Times best-selling author, Vaccariello will oversee all print editorial strategy.

Dotdash Meredith Names Liz Vaccariello as PEOPLE Editor-in-Chief

IAC/InterActiveCorp's (IAC) CEO Joey Levin on Q4 2021 Results - Earnings Call Transcript

IAC made an excellent move snapping up $1 billion of MGM shares in 2020 at bargain prices due to impact of the COVID-19 pandemic. MGM share price and earnings have shown strong recovery in 2021, while IAC is showing losses in its underlying businesses, if unrealized gains on its MGM share investment are excluded.

IAC/InterActiveCorp Or Its Daughters, Maybe Neither

NEW YORK, Feb. 14, 2022 /PRNewswire/ --  RoboKiller , the app that eliminates 99% of spam calls and text messages, today released its 2021 Phone Scam Insights report. The report reveals Americans received 87.8 billion spam text messages and 72.2 billion spam calls, annual increases of 58% and 32%, respectively.

RoboKiller Releases 2021 Phone Scam Report

MGM Resorts International MGM, +1.04% and IAC/InterActive Corp. IAC, +0.55% have announced a plan to each purchase 4.5 million shares of MGM Resorts stock from Corvex Management LP for a total of $405.0 million, or $202.5 million each. The two companies are purchasing the stock for $45 per share.

MGM Resorts and IAC to each purchase 4.5 million shares of MGM Resorts stock for $202.5 million each

LAS VEGAS, Feb. 14, 2022 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (NYSE: MGM) and IAC (NASDAQ: IAC) today announced that they will each purchase 4.5 million shares of MGM Resorts' common stock from Corvex Management LP ("Corvex") at $45 per share, for a total aggregate amount of $405 million, or $202.5 million each. "Today's announcement is a testament to the confidence we have in the long-term trajectory of our business and reflects the commitment we have to our capital allocation strategy, which includes returning cash to shareholders and maintaining a strong balance sheet," said Jonathan Halkyard, Chief Financial Officer and Treasurer of MGM Resorts International.

News for IAC/InterActiveCorp Stock (IAC)