IAC Earnings Reports

IAC reported Q4 2024 revenue of $989.3 million, a 6% decline year-over-year. The company posted an operating income of $50.6 million and a net loss of $199.0 million, primarily due to a $287.4 million unrealized loss on its MGM Resorts investment. Adjusted EBITDA was $142.0 million, down 9% from Q4 2023. Dotdash Meredith continued to drive digital revenue growth, while Angi Inc. saw a decline in performance. Free cash flow for the full year increased significantly to $289 million.

IAC's Q3 2024 results showed a revenue of $938.7 million, a net loss of $243.7 million, and an Adjusted EBITDA of $107.4 million. The company is considering spinning off its ownership stake in Angi Inc. Dotdash Meredith's digital revenue increased by 16%.

IAC reported a 15% decrease in revenue to $949.5 million, but showed significant improvements in profitability. The operating loss improved by 78% to $12 million, and Adjusted EBITDA increased by 24% to $87.3 million. Dotdash Meredith Digital revenue grew by 12%, and Angi Inc.'s operating income increased by $25 million.

IAC's Q1 2024 results showed improvement in operating loss and Adjusted EBITDA, driven by Dotdash Meredith's digital revenue growth and strategic partnership with OpenAI. Angi Inc. saw revenue decline but improved profitability, while Emerging & Other revenue decreased due to the sale of Roofing and Mosaic Group assets. Overall, IAC's net earnings decreased due to unrealized gains on investment in MGM Resorts International.

IAC reported a strong Q4 2023, marked by revenue growth driven by the Dotdash Meredith segment. The company also made progress in strategic initiatives, including the search partnership with Perplexity and the acquisition of a significant stake in MGM Resorts.

IAC reported improved Q3 2023 results with a 74% improvement in operating loss to $33 million and an 83% increase in Adjusted EBITDA to $100 million.

IAC released its second quarter results with revenue of $1.1 billion. The company recorded an income tax benefit of $24.3 million for an effective tax rate of 21%. Free Cash Flow increased $101.7 million to $20.1 million.

IAC's first quarter results revealed revenue of $1.1 billion. Free cash flow increased by $20.9 million to $3.3 million due to higher Adjusted EBITDA and lower capital expenditures. Between February 14, 2023 and May 5, 2023, IAC repurchased 3.1 million common shares for an aggregate of $158 million.

IAC's Q4 2022 results showed revenue increasing by 8% to $1.25 billion. The company released its fourth quarter results and a letter to shareholders from CEO Joey Levin.

IAC reported a revenue increase of 6% to $1.3 billion, driven by growth at Dotdash Meredith and Angi Inc., while facing challenges at Care.com. The company is focused on investing in growth initiatives and managing costs effectively.

IAC reported a 64% increase in revenue to $1.4 billion for Q2 2022. The company repurchased 735,000 shares at an average price of $80.38. The company recorded an income tax benefit of $229.0 million in Q2 2022. Free Cash Flow decreased $219.1 million to negative $81.5 million.

IAC reported a strong first quarter with revenue increasing by 68% to $1.3 billion. The company's performance was supported by its diverse portfolio of businesses, including Dotdash Meredith, Angi Inc., and Care.com.

IAC's Q4 2021 results revealed a 52% increase in revenue, reaching $1.2 billion. The company's focus remains on building and acquiring new products and brands, with a portfolio including Angi Inc., Dotdash Meredith, and Care.com.

IAC's third quarter results revealed a 30% increase in revenue, reaching $924 million. The company recorded an income tax provision of $9.9 million, resulting in an effective tax rate of 14%.

IAC's Q2 2021 results showed a 26% increase in revenue, reaching $830 million.

IAC's first quarter results revealed a 28% increase in revenue, reaching $876 million. The company's performance was driven by growth in its key segments.

IAC's Q4 2020 results showed strong revenue growth, increasing 27% to $849 million. The company continues to focus on building and acquiring new products and brands, with operations including Vimeo, Dotdash, and Care.com, and majority ownership of ANGI Homeservices.

IAC reported a 12% increase in revenue to $788 million in Q3 2020. Marketplace Monetized Transactions increased 8% and Marketplace Transacting Service Professionals increased 9%.

IAC's second quarter results were released, with Q2 revenue increasing to $726 million.