earnings
confidence high
sentiment neutral
materiality 0.70
IAC Q1 adj. EBITDA surges 818% to $51M on lease gain; revenue down 9%
IAC Inc.
2025-Q1 EPS reported
-$2.64
revenue$570,489,000
- Revenue $570.5M (-9% YoY); operating income $35.8M vs. loss $63.4M.
- DDM digital revenue +7% to $224M; adj. EBITDA $80.3M (+166%) includes $36M non-cash lease-termination gain.
- Care.com revenue down 4% to $88.9M; Search revenue down 35% to $70.3M.
- Angi spin-off completed March 31; repurchased 4.5M shares ($200M) since Feb 12; new 10M-share buyback authorized.
- Full-year adj. EBITDA guidance $240-$295M reaffirmed; DDM digital revenue growth 7%-10% expected.