8-K
filed August 7, 2024, 7:59 PM ET
ticker IAC
CIK 0001800227
other material
confidence high
sentiment positive
materiality 0.70
Dotdash Meredith narrows net loss to $10.9M in Q2 2024; operating income turns positive
IAC Inc.
- Q2 2024 revenue $425.2M, up 2.7% YoY from $414.0M.
- Operating income of $18.3M vs. a $17.8M loss in Q2 2023, driven by lower costs.
- Six-month net loss improved to $44.9M from $142.9M in prior year.
- Total debt of $1.51B; interest expense $34.5M in Q2 2024.
- Parent IAC contributed $105M and received $160M in distributions in H1 2024.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001800227-24-000038
- form_type
- 8-K
- ticker
- IAC
- cik
- 0001800227
- company_name
- IAC Inc.
- filed_at
- 2024-08-07T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:14.558455+00:00
- generated_at
- 2026-05-31T11:51:14.445280+00:00
- sec_items
- ["7.01", "9.01"]
- event_type
- other_material
- sentiment
- positive
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001800227-24-000038
- json_url
- https://secwatch.observer/filing/0001800227-24-000038.json
- markdown_url
- https://secwatch.observer/filing/0001800227-24-000038.md
- text_url
- https://secwatch.observer/filing/0001800227-24-000038.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1800227/000180022724000038/0001800227-24-000038-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1800227/000180022724000038/iaci-20240807.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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