IAC Inc (IAC) Q3 2024 Earnings Call Highlights: Strategic Moves and Revenue Growth Prospects [Yahoo! Finance]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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iac.com/investor-relations/overview
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Source: Yahoo! Finance
Revenue Growth: Business has revenue growth potential in its future. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript IAC Inc ( NASDAQ:IAC ) is contemplating a spin-off of Angi, which could create two separate focused companies, allowing Angi to have a standalone strategy and more liquid currency. The company reported improved profits and cash flow, with a significant focus on enhancing consumer experience and job satisfaction. Angi's job completion rate has increased by 30% over the past year, with homeowner satisfaction up by almost 60% in the last quarter. IAC Inc ( NASDAQ:IAC ) has a strong cash position and is focused on slimming down and executing fewer things better, which could lead to more efficient operations. The digital advertising segment showed strong performance, with a 26% growth in digital advertising revenues and a 16% total revenue growth, marking the best quarter since
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IAC
News
- IAC Inc. (NASDAQ: IAC) had its "outperform" rating re-affirmed by analysts at Macquarie. They now have a $14.00 price target on the stock.MarketBeat
- Inc. Names Jennings Social Media & MarTech as a 2024 Power Partner Award WinnerPR Web
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at Truist Financial Co. from $88.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at TD Cowen from $82.00 to $77.00. They now have a "buy" rating on the stock.MarketBeat
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at Barclays PLC from $70.00 to $66.00. They now have an "overweight" rating on the stock.MarketBeat
IAC
Earnings
- 11/11/24 - Miss
IAC
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/12/24 - Form 8-K
- IAC's page on the SEC website