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Jun 30, 2023
IAC Q2 2023 Earnings Report
IAC reported Q2 2023 results with revenue of $1.1 billion.
Key Takeaways
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.
Q2 revenue was $1.1 billion.
The company recorded an income tax benefit of $24.3 million in Q2 2023.
Free Cash Flow increased $101.7 million to $20.1 million.
Angi Inc. repurchased 1.1 million common shares for an aggregate of $3.4 million.
Forward Guidance
The conference call on August 9, 2023, will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of IAC’s and Angi Inc.’s businesses.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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