NASDAQ$IAC
IAC Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
IAC's Q3 2022 earnings reflected revenue increase and strategic progress.
IAC reported a revenue increase of 6% to $1.3 billion, driven by growth at Dotdash Meredith and Angi Inc., while facing challenges at Care.com. The company is focused on investing in growth initiatives and managing costs effectively.
- IAC revenue increased 6% year-over-year to $1.3 billion.
- Dotdash Meredith revenue grew 7%, driven by digital advertising and print subscription growth.
- Angi Inc. revenue increased 16% year-over-year.
- Care.com revenue decreased 13% year-over-year.
Headline financials
Revenue & EPS history
IAC · Revenue · Quarterly
$1.3B
Revenue by segment
IAC · $282M total across 3 segments · Q3 2022
- Search$167M—59.2%
- Care.com$76.3M—27.0%
- Emerging & Other$39M—13.8%
Forward guidance
IAC expects continued revenue growth in key segments, driven by strategic investments and operational improvements. The company anticipates ongoing challenges in certain areas but remains focused on long-term value creation.
Tailwinds
- Continued growth in Dotdash Meredith's digital advertising revenue.
- Expansion of Angi Inc.'s service offerings and user base.
- Focus on profitability and cost management across all segments.
- Investment in emerging businesses with high growth potential.
- Strong balance sheet providing flexibility for strategic initiatives.
Headwinds
- Ongoing challenges in the Care.com business due to market competition.
- Potential impact of macroeconomic factors on consumer spending.
- Increased marketing expenses to drive growth in key segments.
- Uncertainty regarding regulatory changes affecting the online services industry.
- Integration risks associated with acquisitions and strategic partnerships.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2022
+0.5%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+1.1%
Avg return
30 days after
58%
37 / 64 earnings
Positive
+17.0%
Q2 2018
Best reaction
-16.8%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -7.2% | -2.4% | -6.4% | |
| Q4 2025 | +2.9% | -0.8% | +2.9% | |
| Q3 2025 | -1.7% | +2.1% | +11.1% | |
| Q1 2025 | -3.6% | +4.7% | +2.6% | |
| Q4 2024 | +5.8% | +14.7% | +8.7% | |
| Q3 2024 | -9.9% | -12.2% | -13.5% | |
| Q2 2024 | +7.7% | +9.9% | +14.4% | |
| Q1 2024 | -1.2% | -1.2% | -10.2% | |
| Q4 2023 | +9.0% | +11.4% | +0.1% | |
| Q3 2023 | +1.3% | +2.5% | +8.4% | |
| Q2 2023 | -16.8% | -13.0% | -20.0% | |
| Q1 2023 | +10.9% | +6.8% | +8.2% | |
| Q4 2022 | +3.6% | +1.0% | -2.4% | |
| Q3 2022 | -4.5% | +10.0% | +2.3% | |
| Q2 2022 | -5.9% | -2.6% | -17.6% | |
| Q1 2022 | +2.5% | +5.6% | +14.5% | |
| Q4 2021 | -8.2% | -16.8% | -21.4% | |
| Q3 2021 | -5.3% | -8.1% | -17.1% | |
| Q2 2021 | -0.9% | -2.8% | -2.0% | |
| Q1 2021 | +3.7% | +1.9% | -1.1% | |
| Q4 2020 | +1.2% | +7.9% | +1.0% | |
| Q3 2020 | +6.6% | +1.7% | +11.0% | |
| Q2 2020 | -9.1% | -7.2% | -5.3% | |
| Q1 2020 | +3.5% | +4.8% | +24.3% | |
| Q4 2019 | -3.8% | -7.0% | -22.0% | |
| Q3 2019 | -0.6% | -0.8% | -2.7% | |
| Q2 2019 | +10.1% | +5.1% | +5.0% | |
| Q1 2019 | +2.6% | +0.1% | +1.1% | |
| Q4 2018 | +4.4% | +7.6% | +0.5% | |
| Q3 2018 | -5.5% | -8.7% | -9.1% | |
| Q2 2018 | +17.0% | +22.6% | +29.1% | |
| Q1 2018 | +3.3% | +4.2% | +14.0% | |
| Q4 2017 | -5.1% | -1.1% | +13.3% | |
| Q3 2017 | -2.9% | -3.9% | -3.7% | |
| Q2 2017 | +7.0% | +1.4% | +8.0% | |
| Q1 2017 | +1.6% | +4.5% | +12.1% | |
| Q4 2016 | +5.9% | +9.4% | +7.4% | |
| Q3 2016 | +0.8% | +0.1% | +1.0% | |
| Q2 2016 | -4.9% | -2.8% | -5.4% | |
| Q1 2016 | +12.2% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2015 | -0.6% | — | — | |
| Q2 2015 | -1.2% | — | — | |
| Q1 2015 | +2.7% | — | — | |
| Q4 2014 | +1.9% | — | — | |
| Q3 2014 | +0.1% | — | — | |
| Q2 2014 | -5.2% | — | — | |
| Q1 2014 | +0.4% | — | — | |
| Q4 2013 | +2.5% | — | — | |
| Q3 2013 | +3.5% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | -0.9% | — | — | |
| Q4 2012 | +0.5% | — | — | |
| Q3 2012 | -0.3% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q1 2012 | -0.3% | — | — | |
| Q4 2011 | +3.2% | — | — | |
| Q3 2011 | -3.7% | — | — | |
| Q2 2011 | -6.0% | — | — | |
| Q1 2011 | -0.2% | — | — | |
| Q4 2010 | +0.4% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q1 2010 | +0.2% | — | — |
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