---
schema_version: "secwatch.filing_event.v1"
accession: "0001800227-23-000033"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T16:54:05.928579+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dotdash Meredith Q3 revenue falls 10.6% to $417M; net loss improves to $25M

## Summary
- Revenue $417.5M vs $467.1M YoY; nine-month revenue $1.22B down 16.3%.
- Net loss $25.3M vs loss $87.0M Q3 2022; nine-month net loss $168.3M vs $235.6M.
- Operating loss narrowed to $3.6M from $95.5M, helped by cost cuts and impairment charges.
- Interest expense rose to $35.1M (+44% YoY); debt $1.5B as of Sept 30, 2023.
- IAC contributed $405M and received $280M distributions from Dotdash Meredith during nine months.

## SEC filing metadata
- accession: 0001800227-23-000033
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000180022723000033/0001800227-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000180022723000033/iaci-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001800227-23-000033
- JSON: https://secwatch.observer/filing/0001800227-23-000033.json
- Plain text: https://secwatch.observer/filing/0001800227-23-000033.txt

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