IAC Letter to Shareholders Available on Company's IR Site in Advance of Q&A with IAC Business Leaders

Rhea-AI Summary

IAC (NASDAQ: IAC) has released a shareholder letter, which is now available on its investor relations website. A virtual conference call will occur on July 16, 2020, from 10:00 a.m. to 1:00 p.m. EDT, featuring CEOs from various IAC businesses. Key speakers include IAC's CEO Joey Levin and CFO Glenn H. Schiffman. The conference aims to provide insights into IAC's business performance and may disclose forward-looking information. Both live videocasts and replays will be available on the IAC and ANGI Homeservices websites.

Positive

• The virtual conference call allows for direct engagement between IAC leadership and analysts.
• Availability of shareholder letter enhances transparency ahead of the conference.

Negative

• None.

NEW YORK, July 15, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC) today posted a letter to shareholders on the investor relations section of the company's website at https://www.iac.com/investor-relations/overview/.

On Thursday, July 16, 2020 from 10:00 a.m. to 1:00 p.m. EDT, IAC will host a virtual conference call to answer questions about its businesses from IAC and ANGI Homeservices sell-side research analysts.  The business CEOs, as well as Joey Levin, CEO of IAC and Glenn H. Schiffman, Chief Financial Officer of IAC, will participate. The speaker schedule will be as follows:

10:00 a.m. - 10:15 a.m. EDT - Joey Levin, CEO of IAC
10:15 a.m. - 10:45 a.m. EDT - Brandon Ridenour, CEO of ANGI Homeservices
10:50 a.m. - 11:25 a.m. EDT - Anjali Sud, CEO of Vimeo
11:30 a.m. - 12:00 p.m. EDT - Neil Vogel, CEO of Dotdash
12.05 p.m. - 12:35 p.m. EDT - Tim Allen, CEO of Care.com
12:40 p.m. -   1:00 p.m. EDT - Glenn H. Schiffman, CFO of IAC

This call may include the disclosure of certain information, including forward-looking information, which may be material to an investor's understanding of IAC's business.  Live videocasts and replays will be open to the public on both the IAC and ANGI Homeservices websites:

IAC: ir.iac.com/events-and-presentations
ANGI Homeservices: ir.angihomeservices.com/presentations

About IAC
IAC (NASDAQ: IAC) builds companies.  We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands.  From the single seed that started as IAC over two decades ago have emerged 10 public companies and generations of exceptional leaders.  We will always evolve, but our basic principles of financially-disciplined opportunism will never change. IAC today operates Vimeo, Dotdash and Care.com, among many others, and has majority ownership of ANGI Homeservices, which includes HomeAdvisor, Angie's List and Handy.  The Company is headquartered in New York City and has business operations and satellite offices worldwide.

View original content:http://www.prnewswire.com/news-releases/iac-letter-to-shareholders-available-on-companys-ir-site-in-advance-of-qa-with-iac-business-leaders-301094248.html

SOURCE IAC

FAQ

What is the date of the IAC virtual conference call?

The IAC virtual conference call is scheduled for July 16, 2020, from 10:00 a.m. to 1:00 p.m. EDT.

Who will participate in the IAC conference call?

The conference call will feature Joey Levin, CEO of IAC, Glenn H. Schiffman, CFO of IAC, and other CEOs from IAC businesses.

Where can I find the shareholder letter for IAC?

The shareholder letter is available on IAC's investor relations website.

Will the IAC conference call be available for replay?

Yes, live videocasts and replays of the IAC conference call will be accessible on both IAC and ANGI Homeservices websites.

What topics will be covered in the IAC virtual conference call?

The conference call will address questions about IAC's businesses and may include forward-looking information.