1 day ago - seekingalpha.com

IAC is undergoing major cost control and restructuring efforts, with a focus on improving profitability across all businesses, including Angi and DDM. Moreover, they have inked a deal with OpenAI who will pay them for the license to their content, which will translate at high margin into profits. We have reduced the P/S on DDM for conservativeness compared to last article, but the upside is just growing further as IAC reaches close to all-time lows.

1 month ago - prnewswire.com

NEW YORK , May 23, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 52nd Annual TD Cowen Technology, Media and Telecom Conference on Thursday, May 30, 2024. Christopher Halpin, Executive Vice President, CFO and COO of IAC will participate in a fireside chat at 11:25 a.m.

1 month ago - businesswire.com

AUSTIN, Texas--(BUSINESS WIRE)--Care.com, the world's largest online platform for finding and managing family care, today announced a Care Spending Account product that gives employers a flexible solution to financially support their employees with the ongoing costs of care, whether for children, seniors, pets or themselves. Offered through Care for Business, the Company's enterprise segment, the product joins an existing portfolio of workplace solutions which include premium Care.com membershi.

1 month ago - businesswire.com

AUSTIN, Texas--(BUSINESS WIRE)--Care.com, the world's largest online platform for finding and managing family care, and Found, the leading banking platform for the independent workforce, today announced a partnership to provide caregivers with a seamless solution for managing their earnings. Caregivers on Care.com can now sign up for Found to create a bank account where they can receive their wages and access tools to seamlessly track income and work-related expenses, view financial insights, h.

1 month ago - prnewswire.com

NEW YORK , May 14, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 22, 2024.

1 month ago - seekingalpha.com

IAC Inc. (NASDAQ:IAC ) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO & COO Joey Levin - CEO Jeff Kipp - CEO Conference Call Participants John Blackledge - TD Cowen Cory Carpenter - JP Morgan Jason Helfstein - Oppenheimer Justin Patterson - KeyBanc Eric Sheridan - Goldman Sachs Brian Fitzgerald - Wells Fargo Dan Kurnos - The Benchmark Company Brent Thill - Jefferies Tom Champion - Piper Sandler Operator Good day. And welcome to the IAC, Angi First Quarter 2024 Earnings Conference Call.

1 month ago - zacks.com

While the top- and bottom-line numbers for IAC (IAC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

1 month ago - zacks.com

IAC (IAC) came out with a quarterly loss of $0.93 per share versus the Zacks Consensus Estimate of a loss of $1.14. This compares to loss of $2.06 per share a year ago.

2 months ago - prnewswire.com

NEW YORK , May 7, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its first 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 first quarter results and to answer questions.

2 months ago - barrons.com

Dotdash Meredith posted revenue of $390.5 million in the March quarter, up 1%,

2 months ago - prnewswire.com

Agreement delivers 100 million ChatGPT users trusted content from 40+ iconic media brands including PEOPLE, Better Homes & Gardens, FOOD & WINE, Verywell, InStyle, and Investopedia Companies to collaborate on D/Cipher–Dotdash Meredith's transformative cookieless ad targeting solution—bringing AI-powered capabilities and insights to enhance performance for advertisers NEW YORK , May 7, 2024 /PRNewswire/ -- Dotdash Meredith (DDM), America's largest digital and print publisher, today announced a strategic partnership and licensing agreement with OpenAI that will enhance ChatGPT with DDM's trusted content, including time-tested recipes, expert health and financial information, leading style and entertainment content, and rigorous product reviews from America's most celebrated media brands. DDM brands include PEOPLE, Better Homes & Gardens, FOOD & WINE, Verywell, InStyle and Investopedia.

2 months ago - zacks.com

IAC's first-quarter 2024 results are expected to bear the brunt of the planned reduction in the circulation of certain publications within the print business.

2 months ago - zacks.com

Beyond analysts' top -and-bottom-line estimates for IAC (IAC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

2 months ago - prnewswire.com

NEW YORK , May 1, 2024 /PRNewswire/ -- IAC Inc. (NASD: IAC) will replace American Equity Investment Life Holding Company (NYSE: AEL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, May 6. Brookfield Reinsurance (NYSE/ TSX: BNRE) is acquiring American Equity Investment Life Holding Company in a deal expected to be completed prior to the open on May 3.

2 months ago - businesswire.com

AUSTIN, Texas--(BUSINESS WIRE)--Care.com, the largest online platform for finding and managing family care, today announced that is has appointed Amit Goyal as Chief Technology Officer (CTO). In this capacity, Mr. Goyal is responsible for leading the Company's technology and engineering teams and developing a state-of-the art platform that will unify Care's global digital properties and enhance the Company's ability to deliver innovative products and services. In making the announcement, Brad W.

2 months ago - zacks.com

IAC (IAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - prnewswire.com

NEW YORK , April 16, 2024 /PRNewswire/ -- After the close of market trading on Tuesday, May 7, 2024, IAC (NASDAQ: IAC) will post its first 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 Wednesday, May 8, 2024, at 8:30 a.m.

2 months ago - prnewswire.com

NEW YORK , April 15, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) announced a new strategic partnership today with Ben Sherwood and Joanna Coles to lead The Daily Beast. Effective immediately, Sherwood will serve as Publisher and CEO and Coles as Chief Creative and Content Officer.

2 months ago - zacks.com

Recently, Zacks.com users have been paying close attention to IAC (IAC). This makes it worthwhile to examine what the stock has in store.

2 months ago - marketbeat.com

Marketbeat's numerous tools for investors include screens and analyses of fundamental and technical factors. The tool we're looking at today is a technical screen for golden crosses.

2 months ago - zacks.com

In the latest trading session, IAC (IAC) closed at $51.48, marking a -1.23% move from the previous day.

3 months ago - investorplace.com

Reddit's IPO is making waves among social media stocks as early investors massively oversubscribe to the listing, which is expected to post between $31 and $34 per share. While some may see Reddit as the next big social media stock, better options and alternatives are out there.