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Sep 30, 2021
IAC Q3 2021 Earnings Report
IAC's Q3 2021 revenue increased by 30% reaching $924 million.
Key Takeaways
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%.
Q3 2021 revenue increased 30% to $924 million.
Recorded an income tax provision of $9.9 million in Q3 2021.
Effective tax rate of 14% due primarily to excess tax benefits.
IAC has 8.0 million shares remaining in its stock repurchase authorization.
Forward Guidance
Forward-looking statements may contain uncertainties related to 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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