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Dec 31, 2022
IAC Q4 2022 Earnings Report
IAC reported an 8% increase in Q4 2022 revenue, reaching $1.25 billion.
Key Takeaways
IAC's Q4 2022 results showed revenue increasing by 8% to $1.25 billion. The company released its fourth quarter results and a letter to shareholders from CEO Joey Levin.
Q4 2022 revenue increased by 8% to $1.25 billion.
The company recorded an income tax benefit of $5.6 million in Q4 2022.
Free Cash Flow decreased $251.2 million to negative $222.5 million.
Dotdash Meredith has a $150 million revolving credit facility with no borrowings as of December 31, 2022.
IAC
IAC
Forward Guidance
The conference call on February 14, 2023, will include forward-looking information material to understanding IAC's and Angi Inc.'s businesses.