IAC Stock News

IAC owns approximately 65 million shares of MGM valued at around $2.1 B. This investment combined with $900 M corporate cash almost covers IAC's current market cap. They have invested $380 million for a 32% minority stake in TURO. Since the start of this investment in 2019, TURO has expanded into new markets and quintupled its revenue.

Anjali Sud rose as a young executive at Amazon and then Barry Diller's conglomerate IAC, ultimately overseeing the spinoff IPO of Vimeo. Today, Sud is CEO of Fox free ad-supported streaming app Tubi, which is nearing 100 million monthly active users.

NEW YORK , May 6, 2025 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 14, 2025.

IAC Inc. (NASDAQ:IAC ) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Christopher Halpin - Executive Vice President, Chief Financial Officer & Chief Operating Officer Neil Vogel - Chief Executive Officer, Dotdash Meredith Conference Call Participants Jason Helfstein - Oppenheimer John Blackledge - TD Cowen James Heaney - Jefferies Cory Carpenter - JPMorgan Ross San...

IAC reported a rise in core profit in the first quarter on Monday, driven by lower expenses and steady growth in its largest business.

NEW YORK , May 5, 2025 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its first quarter financial results on the investor relations section of its website at https://ir.iac.com/quarterly-results. As announced previously, IAC will host a conference call to discuss the company's first quarter results and to answer questions.

Implements Corporate Governance Enhancements Follows Constructive Engagement with Arkhouse NEW YORK , April 29, 2025 /PRNewswire/ -- IAC (NASDAQ: IAC) today announced that it intends to add Tor R. Braham to its Board of Directors in connection with the Company's 2025 Annual Meeting of Stockholders.

NEW YORK , April 9, 2025 /PRNewswire/ -- After the close of market trading on Monday, May 5, 2025, IAC (NASDAQ: IAC) will post its first quarter results at https://ir.iac.com/quarterly-results. On Tuesday, May 6, 2025, at 8:30 a.m.