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Jun 30, 2022
IAC Q2 2022 Earnings Report
IAC's Q2 2022 performance was marked by a significant revenue increase and strategic financial activities.
Key Takeaways
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.
Revenue increased by 64% to $1.4 billion in Q2 2022.
IAC repurchased 735,000 shares at an average price of $80.38 in Q2 2022.
The company recorded an income tax benefit of $229.0 million in Q2 2022.
Free Cash Flow decreased to negative $81.5 million.
Forward Guidance
Forward-looking statements discussed during the video conference call on August 10, 2022, may contain 'forward-looking statements' regarding IAC's future financial performance, business prospects and strategy, anticipated trends and prospects in the industries in which IAC’s businesses operate and other similar matters.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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