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

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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 , 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

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.

MGM RESORTS INTERNATIONAL AND IAC ANNOUNCE AGREEMENT TO PURCHASE 9M SHARES OF MGM RESORTS COMMON STOCK FROM CORVEX MANAGEMENT LP

Market-makers [MMs] hedge their clients' (big-money-fund portfolio managers) trades in these stocks every day, protecting their firm's capital temporarily put at risk in order to fill large volume trade orders.

IAC/InterActiveCorp: Now Best Internet Content Investment As Seen By Market-Makers

The Dotdash Meredith-owned publications will live on as digital-only brands.

IAC Scrapping Print Editions Of Instyle, Entertainment Weekly And Other Magazines

NEW YORK, Feb. 7, 2022 /PRNewswire/ -- Dotdash Meredith's Beautiful Kitchens & Baths magazine today announced its eleventh-annual list of 30 Most Innovative Products. The entire list of all 30 products can be found at BHG.com/30most.

BEAUTIFUL KITCHENS & BATHS MAGAZINE TO UNVEIL 30 MOST INNOVATIVE PRODUCTS FOR 2022

NEW YORK , Feb. 3, 2022 /PRNewswire/ -- After the close of market trading on Tuesday, February 15, 2022, 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 Wednesday, February 16, 2022 at 8:30 a.m.

IAC TO ANNOUNCE Q4 2021 EARNINGS ON FEBRUARY 15th AND HOST EARNINGS VIDEO CONFERENCE ON FEBRUARY 16th

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.

Will IAC/InterActiveCorp (IAC) Report Negative Q4 Earnings? What You Should Know

Since its inception in 1995, InterActiveCorp has had a better track record than Berkshire Hathaway.

This Little-Known Conglomerate Could Make You a Fortune In 2022 and Beyond

NEW YORK, Jan. 5, 2022 /PRNewswire/ -- IAC (NASDAQ:  IAC ) today announced the appointment of Christopher (Chris) Halpin as Chief Financial Officer, effective January 26, 2022. Mr. Halpin will join IAC from the National Football League, where, as NFL Executive Vice President and Chief Strategy & Growth Officer, he currently oversees all strategic growth and development opportunities, including the League's digital and sports betting strategies, data and analytics, and its expansion internationally.

IAC Appoints Christopher Halpin as Chief Financial Officer

NEW YORK, Dec. 20, 2021 /PRNewswire/ -- iTranslate launched API Integration for Lens Studio, a software that allows developers to create and publish lenses inside of Snapchat, at  Lens Fest . Lens Studio is an application for artists and developers to build augmented reality experiences for hundreds of millions of Snapchatters, and includes built-in features like custom shaders and advanced tracking technology.

iTranslate Launches API Integration at Snap's Lens Fest

NEW YORK, Dec. 14, 2021 /PRNewswire/ -- Today  Byrdie  (www.byrdie.com) launched its first-annual Byrdie Beauty Awards , called "The Byrdies," honoring the best in beauty, across categories including Skin , Makeup , Hair, Under $25 , and People .  Byrdie's award-winning editors nominated, analyzed, and chose winners for 91 different categories designed to help readers narrow down the absolute best in beauty.

Byrdie Announces Winners of First-Annual Byrdie Beauty Awards

EPAM Systems

Energy Transfer LP Unit

Fiserv

GoPro

Nokia

Petco Health and Wellness

Although broader markets are near record highs, it's still possible to find overlooked stocks available at attractive valuations. The post 7 Overlooked Stocks to Buy Before Wall Street Catches On appeared first on InvestorPlace.

7 Overlooked Stocks to Buy Before Wall Street Catches On

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- Dotdash Meredith, an operating business of IAC (NASDAQ: IAC), will attend Barclays Global Technology, Media and Telecommunications Conference on Wednesday, December 8.  Neil Vogel, Chief Executive Officer of Dotdash Meredith, will participate in a fireside chat at 8:35 a.m.

Dotdash Meredith to Participate in Barclays Global Technology, Media and Telecommunications Conference

NEW YORK, Dec. 1, 2021 /PRNewswire/ -- IAC (NASDAQ: IAC) company Dotdash today announced the completion of its acquisition of Meredith Holdings Corp. ("Meredith"), owner of world-class brands such as PEOPLE, Better Homes & Gardens, FOOD & WINE, Allrecipes, Southern Living, InStyle and REAL SIMPLE, in an all cash transaction at a purchase price of $42.18 per share. The new Dotdash Meredith combines celebrated and iconic brands with digital DNA to create America's largest digital and print publisher—a top 10 internet property1 able to deliver intent-driven content and experiences at scale.

IAC's Dotdash Announces Close of Meredith Transaction

The shares of IAC (NASDAQ: IAC) have received a price target of $161 from Credit Suisse. These are the details.

IAC (IAC) Stock: $161 Price Target From Credit Suisse

ANGI's acquisition strategy gave an interesting insight into the company's future plans.

News for IAC/InterActiveCorp Stock (IAC)