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Jun 30, 2021

IAC Q2 2021 Earnings Report

IAC's revenue increased by 26% to $830 million.

Key Takeaways

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

IAC released its second quarter results.

IAC posted a letter to shareholders from IAC CEO Joey Levin.

IAC and Angi Inc. will live stream a joint video conference to answer questions regarding their second quarter results on Thursday, August 5, 2021.

ANGI Group, LLC had a $250 million revolving credit facility which was terminated on August 3, 2021.

Total Revenue
$830M
Previous year: $726M
+14.2%
EPS
$2.14
Previous year: -$1.13
-289.4%
Gross Profit
$579M
Previous year: $548M
+5.8%
Cash and Equivalents
$3.48B
Previous year: $2.9B
+19.9%
Total Assets
$9.29B
Previous year: $6.37B
+45.8%

IAC

IAC

IAC Revenue by Geographic Location

Forward Guidance

The press release and the IAC and Angi Inc. live stream may contain forward-looking statements regarding IAC’s future financial performance, business prospects and strategy.