IAC Stock 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 interpr...

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 C...

IAC said it was exploring a spin-off of its majority stake in home services unit Angi after the internet holding company beat third-quarter revenue expectations on Monday thanks to steady ad demand for its biggest business, Dotdash Meredith.

Angi, the home improvement site once known as Angie's List, could soon be on the market as parent IAC Inc. seeks to simplify itself and free up capital.

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.

NEW YORK , Nov. 6, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in Truist Securities Internet Growth Summit on Thursday, November 14, 2024. Chris Halpin, Executive Vice President, CFO and COO of IAC, will participate in a fireside chat at 9:00 a.m.

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 ...