secwatch.observer — SEC 8-K summary
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Issuer:     IAC Inc. (IAC)
CIK:        0001800227
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001800227-25-000122
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IAC Q2 Adj. EBITDA up 15% to $51.4M; People Inc. digital revenue grows 9%
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- Revenue $586.9M, down 7% YoY; operating income $0.6M vs loss $21.5M.
- Digital revenue +9% at People Inc.; total People Inc. rev +1% to $427.4M.
- Care.com rev -6% to $82M, but operating income turned positive at $3M.
- Search rev -39% to $61.7M; op income +10% to $5.1M on cost cuts.
- FY2025 outlook: Adj. EBITDA $247-285M; op income $82-140M; People Inc. refinanced $1.47B debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800227/000180022725000122/0001800227-25-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800227/000180022725000122/iaci-20250804.htm
  HTML page:      https://secwatch.observer/filing/0001800227-25-000122

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer