NASDAQ$IAC
IAC Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
IAC's financial performance improved with a significant reduction in operating loss and a substantial increase in Adjusted EBITDA.
IAC reported improved Q3 2023 results with a 74% improvement in operating loss to $33 million and an 83% increase in Adjusted EBITDA to $100 million.
- Operating loss improved by 74% to $33 million.
- Adjusted EBITDA increased by 83% to $100 million.
- Dotdash Meredith's digital Adjusted EBITDA increased 129% to $51.8 million.
- Income tax benefit of $118.8 million was recorded for Q3 2023.
Headline financials
Revenue & EPS history
IAC · Revenue · Quarterly
$3.31B
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 and Angi Inc. will host a conference call to answer questions regarding their third quarter results on Wednesday, November 8, 2023, at 8:30 a.m. Eastern Time. This conference call will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of IAC’s and Angi Inc.’s businesses.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
+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 |
|---|---|---|---|---|
| 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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