Wall Street analysts expect IAC (IAC) to post quarterly loss of $0.20 per share in its upcoming report, which indicates a year-over-year increase of 33.3%. Revenues are expected to be $923.6 million, down 16.9% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings announcement, it is cr ...

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 accele ...

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. ET, IAC and Angi Inc. will host a conference call to answer questions regarding the companies' respective third quarter results. The live ...

NEW YORK, Sept. 4, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10, 2024. Christopher Halpin, Executive Vice President, CFO and COO of IAC will participate in a fireside chat at 8:10 a.m. PT. Both a live webcast and replay of the fireside chat will be available to the public in the IR section of IAC's website at https://ir.iac.com/events-and-presentations. About IAC IAC (NASDAQ: IAC) builds companies. We are guided by ...

NEW YORK, Aug. 28, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in Citi's 2024 Global TMT and GEMS Conference on Friday, September 6, 2024. Neil Vogel, Chief Executive Officer of Dotdash Meredith, will participate in a fireside chat at 10:00 a.m. ET. Both a live webcast and replay of the fireside chat will be available to the public in the IR section of IAC's website at https://ir.iac.com/events-and-presentations. About Dotdash Meredith Dotdash Meredith is the largest print and digital publisher ...

10'000 Hours IAC's History I've been holding IAC stock for nearly a decade, and I'm sure some of you have held it even longer. After a while, you think you know the company, but actually that isn't really the case. IAC is changing all the time because of spin-offs, investments, acquisitions. The company is constantly evolving, and also (in my humble opinion) constantly being mispriced just because of the complexity of it. We all know it's close to impossible to predict short-term movements in the market or ...

NEW YORK, Aug. 7, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Oppenheimer 27th Annual Technology, Internet & Communications Conference on Tuesday, August 13, 2024. Christopher Halpin, Executive Vice President, CFO and COO of IAC will participate in a fireside chat at 1:15 p.m. ET. Both a live webcast and replay of the fireside chat will be available to the public in the IR section of IAC's website at https://ir.iac.com/events-and-presentations. About IAC IAC (NASDAQ: IAC) builds companies ...

公司概况 - 公司由Dotdash Meredith、Angi Inc.和Care.com等领先业务组成[194] - Dotdash Meredith是美国最大的数字和印刷出版商之一[197] - Angi Inc.连接优质家居服务专业人士和消费者,已完成出售全资子公司Total Home Roofing, LLC[197] - Search业务包括Ask Media Group和Desktop[197] - Emerging & Other业务包括Care.com、Mosaic Group、Roofing和Vivian Health等[197] 收入构成 - Dotdash Meredith数字收入包括广告收入、绩效营销收入和许可及其他收入[198][199][200][201] - Angi Inc.广告及引导收入主要来自消费者匹配、服务专业人士广告和会员订阅[205][206][207] - Angi Inc.服务收入主要来自通过Angi Inc.平台预定的服务[206] - Angi Inc.国际收入主要来自欧洲和加拿大业务[207] 财务表现 - Dotdash Meredith 数字业务收入增长12%，达到2.38亿美元[228] - Dotdash Meredith 数字广告收入增长16%，受益于编程广告收入上升和核心访问量增加9%[229] - Angi Inc.收入下降10%，主要受到广告和线索业务收入下降12%和服务业务收入下降18%的影响[231] - Angi Inc.广告和线索业务收入下降主要由于用户体验优化和营销投入减少导致服务请求和新服务专业人员获取下降[232] - Angi Inc.服务业务收入下降主要由于服务请求减少[233] - 搜索业务收入下降43%，主要由于Ask Media Group的收入下降46%，受到联盟合作伙伴营销投入减少的影响[234] - 新兴和其他业务收入下降38%，主要由于去年同期包含了Mosaic Group和Roofing的收入[235] 成本及费用 - 成本下降主要得益于搜索业务和新兴及其他业务的成本下降[248,249,250] - 印刷业务下降主要是由于印刷和分销成本(邮资、印刷、纸张和内容)减少2450万美元,主要是由于某些出版物的发行量减少以及纸张成本和运费附加费下降[255] - 数字业务增加主要是由于人员费用增加660万美元,主要是由于员工人数增加[256] - 销售和营销费用在2024年同比2023年下降19%,主要是Angi Inc.、新兴和其他业务以及搜索业务的费用下降,部分被Dotdash Meredith的费用增加所抵消[258,260] - Angi Inc.的销售和营销费用下降主要是广告和引导业务费用下降5060万美元,主要是广告费和薪酬费用分别下降4180万美元和350万美元[261] - 新兴和其他业务的销售和营销费用下降主要是Mosaic Group资产出售以及Roofing业务出售的影响[262] - 一般和管理费用在2024年同比2023年下降14%,主要是Dotdash Meredith和Angi Inc.的费用下降[272,278] - Dotdash Meredith的一般和管理费用下降主要是2023年第一季度计提了4470万美元的使用权资产减值,以及2024年第二季度法律费用和税费下降[279] - 产品研发费用在2024年同比2023年下降4%,主要是新兴和其他业务的费用下降[283,285] - 折旧费用在2024年同比2023年下降32%,主要是Dotdash Meredith的折旧费用下降[288,291] 调整后EBITDA - Dotdash Meredith数字业务Adjusted EBITDA增长25%，达到1.00亿美元[309] - Angi Inc.广告和线索业务Adjusted EBITDA增长74%，达到4.90亿美元[311] - 广告和线索调整后的EBITDA增加主要是由于销售和营销费用以及一般管理费用降低所致[312] - 国际调整后的EBITDA增加主要是由于上述三个月讨论中提到的因素[312] - 服务调整后的EBITDA增加主要是由于退出复杂和利润较低的业务导致整体成本基础降低[313] - 搜索调整后的EBITDA下降64%至900万美元,主要是由于上述三个月讨论中提到的因素[313] - 新兴和其他调整后的EBITDA下降2860万美元至800万美元亏损,主要是由于2024年2月15日出售Mosaic Group资产产生1650万美元的遣散费和交易相关成本,以及Care.com利润下降,与预期解决某些法律事项相关的费用增加950万美元[314] - 公司调整后的EBITDA亏损下降2%至4550万美元,主要是由于法律相关费用降低[314] 其他财务信息 - 利息费用增加主要是由于Dotdash Meredith Term Loan B和Dotdash Meredith Term Loan A的利率从2023年6月30日的9.26%和7.24%分别上升至2024年6月30日的9.43%和7.65%[315][316] - 对MGM Resorts International的投资产生的未实现亏损主要是由于MGM股价变动所致[321] - 公司在2024年第二季度和上半年的所得税费用分别为3464万美元的税收抵免和2005万美元的税收费用,主要是由于不可抵扣的薪酬费用,部分被研发税收抵免和州税所抵消[326][328][330] - 公司拥有64.7百万股MGM股票,占MGM总股本的21.2%[360] - 公司拥有Turo约29%的股权,在7月23日通过行权获得额外4.5百万股优先股,持股比例增加至约31%[361] - 公司在2024年上半年回购了818万股Angi Inc.Class A普通股,平均价格为2.23美元/股,总金额1,820万美元[363] - Angi Inc.董事会批准了新的2,500万股回购计划[363] - 公司2024年资本支出预计将比2023年下降40%至50%,主要由于2023年收购纽约

财务数据和关键指标变化 - 公司总体财务表现良好,收入和利润均有增长 [5][7] - Dotdash Meredith (DDM)数字广告收入增长15%以上,预计第三季度将继续加速 [14][15][64][65][66][67] - Angi利润大幅提升,但收入仍有下降,预计第三季度收入下降约15% [38][39][40][41][42][43] 各条业务线数据和关键指标变化 - DDM内容和流量表现出色,各类内容如娱乐、食品等均有增长 [64][65][66] - DDM广告收入增长强劲,包括程序化广告和直销广告 [19][20][21][22][64][65] - Angi专注于提升客户体验和服务质量,匹配效率和专业人员质量有所提升 [29][30][31][32][33][34][35][36][37] 各个市场数据和关键指标变化 - DDM在各主要分销渠道如搜索、社交媒体、电子邮件等均有良好表现 [16][17][18] - Turo和MGM在需求和经营方面保持良好 [55][56][57][60][61][63] - Angi在家居维修和装修市场需求有所下降,但非自主渠道表现较好 [31][32][33][34][35][36][37] 公司战略和发展方向及行业竞争 - 公司继续专注于提升客户体验和服务质量,并积极寻求新的并购机会 [44][50][51][53][54][80][81][82][83][84][85] - 公司认为内容资产和数据资产越来越有价值,正在积极开发相关的许可业务 [23][24][25][26][27][28][104][105][106][107][108][109] - 公司对行业发展趋势如cookie退出、隐私保护等保持乐观态度,认为这些趋势将有利于公司的广告业务 [113][114][115][116][117][118][119] 管理层对经营环境和未来前景的评论 - 管理层对公司各业务线的表现和前景保持乐观态度,认为公司有良好的发展势头 [9][10][11][12][13][44][60][61][63] - 管理层对宏观经济环境的影响持谨慎态度,但目前未见明显的负面影响 [58][59][60][61][62][63] 其他重要信息 - 公司正在积极考虑股票回购和并购等资本运作,以提升股东价值 [50][51][52][53][54][80][81][82][83][84][85] - 公司正在与多家人工智能公司洽谈内容许可合作,这将成为新的收入来源 [23][24][25][26][27][28][104][105][106][107][108][109] 问答环节重要的提问和回答 问题1 **Ross Sandler 提问** DDM数字广告收入增长强劲的原因 [14][15][16][17][18][19][20][21][22] **Joey Levin 回答** DDM在流量和变现两方面表现出色,得益于持续投入优质内容和多渠道分发策略 [16][17][18][19][20][21][22] 问题2 **Cory Carpenter 提问** Angi在改善客户体验和盈利能力方面的进展情况 [27][28][29][30][31][32][33][34][35][36][37][38][39][40][41][42][43] **Jeff Kipp 和 Christopher Halpin 回答** Angi在匹配效率、专业人员质量和销售渠道等方面取得进展,未来将继续专注于提升客户体验和服务质量 [29][30][31][32][33][34][35][36][37][38][39][40][41][42][43] 问题3 **Eric Sheridan 提问** 公司未来的资本配置策略,包括股票回购和并购 [47][48][49][50][51][52][53][54][55][56][57] **Joey Levin 和 Christopher Halpin 回答** 公司正在积极考虑通过并购、股票回购等方式来提升股东价值,但会保持谨慎和纪律 [50][51][52][53][54][55][56][57]

IAC (IAC) reported $949.53 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 14.6%. EPS of $0.01 for the same period compares to -$0.76 a year ago. The reported revenue represents a surprise of +1.17% over the Zacks Consensus Estimate of $938.59 million. With the consensus EPS estimate being -$0.32, the EPS surprise was +103.13%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...