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

Earnings data Q3 2022

Earnings data Q4 2022

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

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Meredith

IAC/InterActiveCorp. is in advanced talks to acquire magazine publisher Meredith Corp., owner of brands including People and Better Homes & Gardens, according to people familiar with the situation, in an effort to build more scale in online publishing.

Barry Diller's IAC in talks to buy magazine publisher Meredith

InterActive Corp., the digital media company founded by Barry Diller, is in advanced discussions to acquire magazine publisher Meredith Corp. The Wall Street Journal, citing people familiar with the talks, said a deal would value Meredith at more than $2.5 billion. The Iowa-based company, which recently sold its local TV stations to Gray Television, publishes People, Better...

Barry Diller's IAC Pursuing $2.5B Deal For Meredith Corp., Publisher Of Magazines Like People, Better Homes & Gardens – Report

Meredith sold its broadcast portfolio to Gray Television earlier this year.

IAC/InterActiveCorp Reportedly Closing In On $2.5 Billion Deal To Acquire Magazine Publisher Meredith

IAC/InterActiveCorp. is in advanced talks to acquire magazine publisher Meredith Corp., owner of brands including People and Better Homes & Gardens, according to people familiar with the situation.

The Wall Street Journal: Barry Diller's IAC may purchase magazine publisher Meredith

IAC/InterActive August 2021 revenue numbers featured over 20% growth at main properties.

IAC/InterActiveCorp Lacks Short Term Catalysts

NEW YORK, Sept. 14, 2021 /PRNewswire/ -- IAC (NASDAQ: IAC), will attend the Goldman Sachs 30th Annual Communacopia Conference on Tuesday, September 21, 2021.

IAC to Participate in the Goldman Sachs 30th Annual Communacopia Conference

NEW YORK, Sept. 9, 2021 /PRNewswire/ -- Dotdash, an operating business of IAC (NASDAQ: IAC), will attend Citi's Global Technology Virtual Conference on Monday, September 13.

Dotdash to Participate in Citi's 2021 Global Technology Virtual Conference

NEW YORK, Sept. 8, 2021 /PRNewswire/ -- Today, MyDomaine ( www.mydomaine.com ) announced the launch of its first digital magazine, an interior design and décor-focused quarterly.

MyDomaine Launches its First-Ever Digital Magazine

NEW YORK, Sept. 7, 2021 /PRNewswire/ -- Today, Liquor.com , the largest cocktails and spirits site, launched its first-ever standalone store ( The Liquor.com Store ), with essential and unique bar items specifically curated by the site's award-winning editorial team, to outfit and elevate any level of home bar.

Liquor.com Launches Online Store

NEW YORK, Aug. 31, 2021 /PRNewswire/ --  RoboKiller , the app that eliminates 99% of spam calls and text messages, today released findings from its 2021 Mid-Year Phone Scam and Political Message Reports. The reports reveal Americans  are on track to receive 71 billion total spam calls in 2021, a 30% projected annual increase.

RoboKiller Releases 2021 Mid-Year Phone Scam and Political Message Reports

NEW YORK, Aug. 18, 2021 /PRNewswire/ -- The Daily Beast today announced the appointment of Tracy Connor as editor-in-chief, effective immediately. Previously executive editor of The Daily Beast, Ms.

Tracy Connor Appointed Editor-in-Chief of The Daily Beast

Total revenue increased 25.9% YOY to $829.4 million (-8.0% vs. consensus), driven by broad based growth across all operating segments including ANGI Inc. (12.2%), Dotdash (64.3%), Search (39.8%) and Emerging & Other (15%).

IAC Keeps Growing After Vimeo Spinoff

NEW YORK, Aug. 6, 2021 /PRNewswire/ -- RoboKiller , the app that eliminates 99% of spam calls and text messages, reveals Americans received an estimated 5.74 billion spam calls in July 2021—a 3%  decrease from June. Spam text volume also increased to 7.1 billion spam texts  for July, a 5% increase from June.

Total Robocalls Decrease by 3% in the First Month of STIR/SHAKEN Release

IAC/InterActiveCorp (IAC) CEO Joey Levin on Q2 2021 Results - Earnings Call Transcript

IAC/InterActiveCorp (IAC) delivered earnings and revenue surprises of 65.63% and -6.30%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

IAC/InterActiveCorp (IAC) Reports Q2 Loss, Misses Revenue Estimates

A lighter IAC/InterActiveCorp. began its latest chapter Wednesday with its first earnings report following the May spinoff of Vimeo.

Earnings Results: IAC feels a sting from Angi rebrand in first earnings report after Vimeo spinoff

IAC/InterActiveCorp (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/InterActiveCorp (IAC) Q2 Earnings Expected to Decline

NEW YORK, July 14, 2021 /PRNewswire/ -- After the close of market trading on Wednesday, August 4, 2021, 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 Thursday, August 5, 2021 at 8:30 a.m.

IAC to Announce Q2 2021 Earnings on August 4th and Host Earnings Video Conference on August 5th

Boston Omaha

The mix of companies these stocks control can provide steady, long-term growth to power your retirement portfolio.

3 Great Conglomerate Stocks for Your IRA

NEW YORK, July 13, 2021 /PRNewswire/ -- Teltech Systems, creators of the award-winning robocall blocking app  RoboKiller , today announced the newest addition to its portfolio,  SwitchUp . SwitchUp allows users to seamlessly manage multiple phone numbers from one device, making it easy to switch between personal and business-related calls and texts.

Teltech Launches Its New Privacy-Focused Second Phone Number App, SwitchUp

NEW YORK, July 12, 2021 /PRNewswire/ -- IAC (NASDAQ: IAC) posted monthly metrics for June 2021 on the investor relations section of its website at https://ir.iac.com/. About IAC IAC builds companies.

IAC Monthly Metrics Available on Company's Website

AUSTIN, Texas--(BUSINESS WIRE)--Care.com today announced that it has expanded its enterprise services through new partnerships with CollegeVine and Talkspace (NASDAQ: TALK).

Care.com Expands Suite of Enterprise Services Through Partnerships With CollegeVine and Talkspace

Only days after state attorney generals sued Alphabet's Google for anti-competitive practices, IAC CEO Joey Levin says Apple Inc (NASDAQ: AAPL) will be the next target. On CNBC's “Squawk Box”, Levin said, “I think Apple is, in many senses, worse than Google”.

IAC CEO on anti-competitive practices: ‘Apple is worse than Google'

Apple

Apple will be the next major target in the United States' latest crack down on Big Tech, IAC CEO Joey Levin told CNBC on Friday.

IAC CEO says Apple is ‘worse' than Google and will be next target in U.S. antitrust crackdown

Last month IAC spun off Vimeo and is now embarking on its next phase where businesses such as Care.com and their investment in car sharing company Turo will hopefully capture investors' attention now that they are out of the shadow of Vimeo.

News for IAC/InterActiveCorp Stock (IAC)