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Sep 30, 2020
IAC Q3 2020 Earnings Report
IAC revenue increased in Q3 2020 by 12% to $788 million.
Key Takeaways
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%.
Q3 revenue increased 12% to $788 million.
Marketplace Monetized Transactions increased 8% to 4.7 million.
Marketplace Transacting Service Professionals increased 9% to 207,000.
Recorded an income tax benefit of $29.5 million due to excess tax benefits from stock-based awards.
IAC
IAC
Forward Guidance
The press release and live webcast contain forward-looking statements regarding IAC's future financial performance, business prospects and strategy, anticipated trends, and other similar matters.