Welcome to our dedicated page for IAC news (Ticker: IAC), a resource for investors and traders seeking the latest updates and insights on IAC stock.
IAC Inc. (NASDAQ: IAC) is a leading media and internet company headquartered in New York City. It encompasses over 150 brands and products, making it one of the largest online platforms globally. The company's diverse portfolio includes well-known names like Ask.com, About.com, Match.com, HomeAdvisor, and Vimeo, among others.
IAC operates across various segments such as search, applications, online dating, media, and e-commerce. Its family of websites attracts over two billion monthly visits, reaching users in more than 200 countries worldwide.
In recent years, IAC has focused on spinning off successful ventures; in the second quarter of 2020, it spun off Match Group, a prominent dating app provider, and in the second quarter of 2021, it spun off Vimeo, a video software provider.
IAC's revenue is diversified across several segments: Angi Inc. contributes 33%, Dotdash Meredith 39%, search 14%, and other emerging businesses 14%. Angi Inc. is well-known for home service solutions, while Dotdash Meredith is a major digital and print publisher in the U.S., featuring brands like PEOPLE, Better Homes & Gardens, and Investopedia.
One of the latest strategic moves by IAC includes a partnership with Ben Sherwood and Joanna Coles to revitalize The Daily Beast, aiming to make it an essential source of journalism. Additionally, Dotdash Meredith has entered a strategic partnership with OpenAI to integrate trusted content from DDM into ChatGPT, enhancing user experience and ad-targeting capabilities.
Financially, IAC continues to demonstrate disciplined opportunism, focusing on building category-leading businesses through curiosity and innovation. The company regularly updates its shareholders and the public through quarterly reports and conference calls, highlighting its commitment to transparency.
For more information and to view the full list of IAC's companies, please visit www.iac.com.
IAC (NASDAQ: IAC) disclosed its second quarter financial results on August 9, 2022, along with a shareholder letter. A live-streamed video conference discussing quarterly results for IAC and Angi Inc. (NASDAQ: ANGI) is scheduled for August 10, 2022, at 8:30 a.m. ET, featuring key executives including CEO Joey Levin. The conference aims to provide insights and answer questions on performance metrics. IAC continues to focus on building various businesses, including Angi Inc. and Dotdash Meredith, while remaining committed to financially disciplined growth strategies.
As the back-to-school season approaches, parents are adjusting childcare arrangements due to the return to in-person jobs and hybrid work. Care.com analyzed trends from previous years, revealing that August 2021 was the peak month for back-to-school childcare searches. Notably, 34% of parents sought homework support, willing to pay an average of $18.02/hour, up 2% from the previous year. To better navigate this process, families are advised to determine their work schedules, budget, and specific caregiver needs early on.
IAC (NASDAQ: IAC) is set to announce its second quarter results on August 9, 2022, after market close. CEO Joey Levin will share a letter to shareholders, potentially containing forward-looking insights. Additionally, on August 10, 2022, a live stream will take place at 8:30 a.m. ET, featuring discussions with Angi Inc. regarding their second quarter outcomes. IAC has a history of evolution, having developed into 11 public companies.
IAC (NASDAQ: IAC) released its monthly metrics for June 2022, available on their investor relations website. The company focuses on building businesses through innovation and strategic acquisitions, comprising notable brands like Angi Inc. (NASDAQ: ANGI), Dotdash Meredith, and Care.com. IAC emphasizes a disciplined approach to opportunism while continuing to evolve as a business entity.
IAC has published its monthly metrics for May 2022, now available on its investor relations website. IAC remains focused on innovation and acquisition, having evolved from one company to a portfolio of 11 public entities, including Angi Inc. IAC emphasizes disciplined financial strategies while adapting to market demands. The company operates several leading businesses, including Dotdash Meredith and Care.com, showcasing its diverse portfolio. Investors can access detailed information about IAC's performance metrics through their official site.
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