IAC Earnings Release and Letter to Shareholders Available on Company's Website
IAC (NASDAQ: IAC) announced its fourth quarter financial results and a shareholder letter on February 15, 2022.
Rhea-AI Summary
IAC (NASDAQ: IAC) announced its fourth quarter financial results and a shareholder letter on February 15, 2022. The company will hold a live stream on February 16, 2022, at 8:30 a.m. ET to discuss the results alongside Angi Inc. (NASDAQ: ANGI). IAC focuses on building companies through innovation and acquisitions, currently managing several brands, including Angi Inc. and Dotdash Meredith. The press release highlights IAC's commitment to financial discipline and evolving its portfolio.
Positive
- Upcoming live stream to discuss fourth quarter results demonstrates transparency and investor engagement.
Negative
- None.
News Market Reaction – IAC
In the trading session that priced this news, IAC declined 10.32%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Feb. 15, 2022 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its fourth 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 live stream a joint video conference to discuss both companies' respective fourth quarter results and to answer questions. The live stream will be held on Wednesday, February 16, 2022 at 8:30 a.m. ET. Joey Levin, CEO of IAC and Chairman of Angi Inc.; Christopher Halpin, Executive Vice President and CFO of IAC; Oisin Hanrahan, CEO of Angi Inc. and Neil Vogel, CEO of Dotdash will participate.
The live stream and replay of the video will be open to the public at https://interactivecorp.zoom.us/webinar/register/WN_CU3TEXnyTvKcwwbhLiMHRA
About IAC
IAC (NASDAQ: IAC) builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC over two decades ago have emerged 11 public companies and generations of exceptional leaders. We will always evolve, but our basic principles of financially-disciplined opportunism will never change. IAC is today comprised of category-leading businesses including Angi Inc. (NASDAQ: ANGI), Dotdash Meredith and Care.com, among many others ranging from early stage to established businesses. IAC is headquartered in New York City with business locations worldwide.
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SOURCE IAC