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 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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IAC also reported its third quarter results after the bell Thursday, telling investors that Vimeo grew overall revenue 44% year over year.

IAC considers Vimeo spinoff after achieving $2.5 billion valuation

ANGI Homeservices has changed its business model to fixed fee for services, which should result in a higher take rate. The company is now focused on monetizing Vimeo's subscriber growth.

IAC/InterActiveCorp Has A Long Runway Of Growth

NEW YORK, Oct. 22, 2020 /PRNewswire/ -- Vimeo, the world's leading professional video platform and community, today announced a strategic partnership with GoDaddy, the company that empowers everyday entrepreneurs— an integration that will bring the power of Vimeo directly to GoDaddy's...

Vimeo Announces Partnership With GoDaddy To Power Video For Entrepreneurs Globally

NEW YORK, Oct. 14, 2020 /PRNewswire/ -- After the close of market trading on Thursday, November 5, 2020, 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...

IAC To Announce Q3 2020 Earnings On November 5th and Host Earnings Conference Call On November 6th

Seattle-area startup Fexy Media sold two of its food-related web properties — Serious Eats and Simply Recipes — to IAC-owned Dotdash in an all-cash deal.

IAC-owned Dotdash buys Serious Eats and Simply Recipes sites from Seattle-area startup Fexy Media

MGM Resorts

Why MGM's future looks much brighter than its current struggles indicate.

Where Will MGM Resorts Be in 5 Years with IAC's Help?

Match Group

Tinder co-founder Sean Rad and other early employees filed a lawsuit against IAC/Interactivecorp (NASDAQ: IAC)/ Match Group Inc (NASDAQ: MTCH) in 2018, and investors should be "paying closer attention" to the ongoing legal process, according to Susquehanna.

Why IAC, Match Investors Should Pay Attention To Lawsuit From Tinder's Founders

NEW YORK, Sept. 11, 2020 /PRNewswire/ -- Vimeo, an operating business of IAC (NASDAQ: IAC), will attend the Goldman Sachs 29th Annual Communacopia Conference Wednesday, September 16, 2020.

Vimeo to Attend Goldman Sachs 29th Annual Communacopia Conference

Canopy Growth

DraftKings

Philip Morris

Constellation Brands

Smith & Wesson Brands

Gambling, drinking and smoking will soar when the country reopens. Get ready for a party — and some profits — with these sin stocks.

7 Sin Stocks to Buy Now as America Reopens

NEW YORK, Sept. 8, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC), will attend the KeyBanc Capital Markets' Future of Technology Series on Tuesday, September 15, 2020.

IAC to Attend KeyBanc Capital Markets' Future of Technology Series

NEW YORK, Sept. 2, 2020 /PRNewswire/ -- Dotdash, an operating business of IAC (NASDAQ: IAC), will attend the Citi 2020 Global Technology Conference on Wednesday, September 9.

Dotdash to Participate at Citi's 2020 Global Technology Conference

Why I Sold IAC/Interactive

The media and tech company is looking to tap into the online gambling and sports betting business.

MGM Resorts Adds IAC Executives to Board After $1 Billion Investment

T-Mobile US

3 Different Billionaire Hedge Fund Managers Just Loaded Up on This Stock

Harley-Davidson

Xerox

Axis Capital

Cardlytics

Red Rock Resorts

Upwork Inc

Virtu Financial

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it.

Notable Insider Buys at Harley-Davidson, Xerox And Many More

IAC/InterActiveCorp's (IAC) CEO Joey Levin on Q2 2020 Results - Earnings Call Transcript

IAC/InterActiveCorp (NASDAQ: IAC) reported $726.4 million in second-quarter sales Monday, a 38.8% decrease over sales of $1.19 billion the same period last year.

IAC Trades Down After Q2 Report, Gambles On Increased MGM Stake

IAC/InterActiveCorp. embarked on a new chapter in its corporate history Monday by announcing a 12% stake in MGM Resorts International as it looks to reshape the business following the formal separation of Match Group Inc.

Earnings Results: IAC begins new chapter with MGM stake, sees growing demand for Vimeo business

IAC recently spun off its stake in Tinder-owner Match. But the company apparently has its sights set on people taking a different kind of gamble: It has bought a nearly $1 billion stake in MGM Resorts.

Barry Diller's IAC rolls dice with $1 billion stake in casino giant MGM

MGM's online gaming business, which currently constitutes a tiny portion of its revenue, was what initially attracted Diller, the billionaire told shareholders in a letter.

MGM Resorts shares rise after $1 billion investment from Barry Diller's IAC

IAC chairman and senior executive Barry Diller said his company was attracted to MGM, which owns resorts like The Mirage, The Excalibur and Luxor, for its online gaming business, among other things.

Barry Diller’s IAC bets $1 billion on gambling giant MGM Resorts

A key driver of the investment decision was MGM's potential in the sports betting and online gambling markets.

IAC/Interactive Takes a $1 Billion Stake in MGM Resorts

IAC/InterActiveCorp. IAC, +1.34% announced Monday morning that it had accumulated a 12% stake in MGM Resorts International MGM, +3.08% that's worth about $1 billon.

MGM stock surges after IAC takes 12% stake in a bet on online gaming

GoDaddy

SVMK Inc

Uber

One of the biggest stories for the past few years has been the incredible market leadership of the mega-cap technology stocks.

5 Internet and Digital Media Stocks That May Be Ready to Explode

A Relative Strength Rating upgrade for IAC shows improving technical performance.
The post IAC Clears Key Benchmark, Hitting 80-Plus RS Rating appeared first on Investor's Business Daily.

IAC Clears Key Benchmark, Hitting 80-Plus RS Rating

News for IAC/InterActiveCorp Stock (IAC)