---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-115991"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:18:16.055395+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IAC Q3 revenue +41% to $1.3B, net loss $63.8M vs profit $60.7M; adjusted EBITDA +81% to $54.8M

## Summary
- GAAP net loss $63.8M (EPS -$0.74) vs profit $60.7M ($0.65); operating loss widened to $124.7M.
- Adjusted EBITDA rose 81% to $54.8M; Dotdash Meredith segment Adjusted EBITDA $31.2M (up from $8.2M).
- Dotdash Meredith pro forma total revenue -19% (Digital -13%, Print -24%); $18.5M restructuring charges.
- Angi Inc. revenue +8% to $498M; operating loss improved to -$11M; Adjusted EBITDA +85% to $22.9M.
- IAC sold Bluecrew to EmployBridge for cash/stock, becoming minority shareholder; expects close Nov 2022. Repurchased 367K shares at $71.56.

## SEC filing metadata
- accession: 0001104659-22-115991
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000110465922115991/0001104659-22-115991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000110465922115991/tm2229942d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-115991
- JSON: https://secwatch.observer/filing/0001104659-22-115991.json
- Plain text: https://secwatch.observer/filing/0001104659-22-115991.txt

## Key facts
- Earnings Releases
  IAC Inc. reported Q3 2022 results: revenue $1,300.9, net income (63.8 ), EPS (0.74 ).
  - Period: Q3 2022
  - Revenue: $1,300.9
  - Net income: (63.8 )
  - EPS: (0.74 )
  - Result: reported results
  source text: IAC CEO Joey Levin on the Investor Relations section of its website at ir.iac.com . IAC SUMMARY RESULTS ($ in millions except per share amounts) Q3 2022 Q3 2021 Growth Revenue $ 1,300.9 $ 924.1 41 % Operating loss (124.7 ) (32.1 ) -289 % Unrealized gain on investment in MGM 42.5 29.5 44 % Net (loss) earnings (63.8 ) 60.7 NM Diluted (loss) earnings per share (0.74
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800227/000110465922115991/0001104659-22-115991-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.