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IAC Q2 2023 Earnings Report

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$42.86 -0.71 (-1.63%)
As of 04:00 PM Eastern

IAC EPS Results

Actual EPS
-$0.76
Consensus EPS
-$0.76
Beat/Miss
Met Expectations
One Year Ago EPS
N/A

IAC Revenue Results

Actual Revenue
$1.11 billion
Expected Revenue
$1.12 billion
Beat/Miss
Missed by -$10.38 million
YoY Revenue Growth
N/A

IAC Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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IAC Earnings Headlines

Brokerages Set IAC Inc. (NASDAQ:IAC) PT at $68.33
Last time you’ll see this priced at $1.00
When was the last time you bought something for a buck? I don’t even think you can buy anything at McDonalds for a dollar anymore!
Citigroup Issues Pessimistic Forecast for IAC (NASDAQ:IAC) Stock Price
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About IAC

IAC (NASDAQ:IAC), together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. The company is headquartered in New York, New York.

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