Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
United StatesIPO:
19 January 1993Website:
http://www.iac.comNext earnings report:
13 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 22 Nov 2024 00:50:10 GMTDividend
Analysts recommendations
Institutional Ownership
IAC Latest News
IAC saw an improving ad market despite the issues of being an advertiser in a distracting election cycle. The sum of the parts analysis could be more emphasized by a lower tax burden, depending on election outcomes in other branches, and also by the Angi spin-off. Angi restructuring seems to be working, although markets did not appreciate the spin-off announcement, which might have been interpreted as a lack of confidence.
IAC Inc. (NASDAQ:IAC ) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO & COO Joey Levin - CEO Jeff Kipp - CEO and Director, Angi Inc. Conference Call Participants Cory Carpenter - JP Morgan Jason Helfstein - Oppenheimer John Blackledge - TD Cowen Eric Sheridan - Goldman Sachs Ross Sandler - Barclays Daniel Kurnos - The Benchmark Company Tom Champion - Piper Sandler Youssef Squali - Truist Yugal Arouninan - Citigroup Nick Jones - Citizens JMP Operator Welcome to the IAC, and Angi's Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
IAC IAC announced in its third-quarter earnings report that it is considering a strategic move to spin off its ownership stake in Angi Inc. ANGI.
The headline numbers for IAC (IAC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
IAC (IAC) came out with a quarterly loss of $2.93 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.30 per share a year ago.
Joey Levin, IAC CEO, joins 'Closing Bell: Overtime' to discuss IAC earnings, considering a spin-off of its ownership stake in ANGI, M&A opportunities and AI.
NEW YORK , Nov. 11, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its third quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.com/quarterly-results. As announced previously, IAC and Angi Inc. will host a conference call to discuss both companies' respective third quarter results and to answer questions.
IAC is weighing a spinoff of its 85% stake in home improvement services platform Angi. The company said there's no specific timeline for when the Angi spinoff will take place, but a transaction would likely occur by the end of IAC's second quarter.
SAN FRANCISCO , Oct. 30, 2024 /PRNewswire/ -- Vivian Health , an IAC (NASDAQ: IAC) company and the leading job marketplace for healthcare professionals, and RightSourcing by Magnit , a pioneering provider of modern workforce solutions and services in the healthcare industry, have partnered to create Fast Track, an industry-first solution that aims to transform the hiring process for contingent healthcare staffing. The partnership leverages Vivian's vast network of over 2 million clinicians while helping accelerate their placement through streamlined job postings, simplified profile requirements, and increased process efficiency.
NEW YORK , Oct. 16, 2024 /PRNewswire/ -- After the close of market trading on Monday, November 11, 2024, IAC (NASDAQ: IAC) will post its third quarter results and simultaneously IAC CEO Joey Levin will publish a letter to shareholders, which may include certain forward-looking information, at https://ir.iac.com/quarterly-results. On Tuesday, November 12 2024, at 8:30 a.m.
What type of business is IAC/InterActiveCorp?
IAC/InterActiveCorp is an internet corporation founded in Delaware in 1995. It owns over 140 brands in the USA and abroad, including search engines ask.com, dictionary.com, ask.fm, and about.com, news platforms, and video service Vimeo. The company's headquarters are located in New York. IAC/InterActiveCorp operates through the following reporting segments: - ANGI Homeservices Inc. - an internet platform connecting professionals in the home service industry with end customers. - Vimeo - a global video platform for creative professionals, small and medium businesses, organizations, and enterprises. - Dotdash - an English-language website, an online source of information and advice for consumers. - Search platforms - a group of websites providing general search services and information. - Other - includes Care.com, Bluecrew, NurseFly, The Daily Beast, IAC Films, College Humor Media, and others.
What sector is IAC/InterActiveCorp in?
IAC/InterActiveCorp is in the Communication Services sector
What industry is IAC/InterActiveCorp in?
IAC/InterActiveCorp is in the Internet Content & Information industry
What country is IAC/InterActiveCorp from?
IAC/InterActiveCorp is headquartered in United States
When did IAC/InterActiveCorp go public?
IAC/InterActiveCorp initial public offering (IPO) was on 19 January 1993
What is IAC/InterActiveCorp website?
https://www.iac.com
Is IAC/InterActiveCorp in the S&P 500?
No, IAC/InterActiveCorp is not included in the S&P 500 index
Is IAC/InterActiveCorp in the NASDAQ 100?
No, IAC/InterActiveCorp is not included in the NASDAQ 100 index
Is IAC/InterActiveCorp in the Dow Jones?
No, IAC/InterActiveCorp is not included in the Dow Jones index
When was IAC/InterActiveCorp the previous earnings report?
No data
When does IAC/InterActiveCorp earnings report?
The next expected earnings date for IAC/InterActiveCorp is 13 February 2025