Dotdash Meredith Q3 2024 revenue up 5.3% to $439M; operating income of $22M vs loss of $3.6M

IAC Inc.

Revenue $439M (Q3 2024) vs $417M (Q3 2023), up 5.3%; nine-month revenue $1.26B vs $1.22B.
Operating income $22M vs loss of $3.6M (Q3); nine-month operating income $19.6M vs loss of $132.6M.
Net loss narrowed to $3.2M from $25.3M (Q3); nine-month net loss $48.2M vs $168.3M.
Cash from operations $113M (nine months) vs a use of $10.7M in prior year.
Long-term debt net $1.46B; additional paid-in capital decreased $68M due to distributions to IAC.

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