---
schema_version: "secwatch.filing_event.v1"
accession: "0001800227-24-000044"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:06:41.225680+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IAC Q3 revenue down 16%; considers Angi spin-off, adj EBITDA up 7%

## Summary
- Q3 revenue $938.7M (-16% YoY); net loss $243.7M improved from $390.5M loss in Q3 2023.
- Adjusted EBITDA $107.4M (+7% YoY); operating income $16.3M vs loss of $32.7M.
- Dotdash Meredith digital revenue +16% to $246.4M; Angi operating income +$16M to $7.8M.
- IAC considering spin-off of Angi Inc. stake to shareholders; no timeline given.
- Search revenue fell 47% to $88.3M on Ask Media Group and Desktop declines.

## SEC filing metadata
- accession: 0001800227-24-000044
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2024-11-12T23:59:59+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/1800227/000180022724000044/0001800227-24-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000180022724000044/iaci-20241111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001800227-24-000044
- JSON: https://secwatch.observer/filing/0001800227-24-000044.json
- Plain text: https://secwatch.observer/filing/0001800227-24-000044.txt

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