IAC/Interactive Corp (IAC) Misses Q3 EPS by $2.65, Considers Spinoff of Angi (ANGI)

IAC/Interactive Corp (NASDAQ: IAC) reported Q3 EPS of ($2.93), $2.65 worse than the analyst estimate of ($0.28). Revenue for the quarter came in at $938.7 million versus the consensus estimate of $922.62 million.

• "We are exploring a spinoff of our 85% ownership in Angi to IAC shareholders, which would make Angi the 10th fully standalone public company to come from IAC."

For earnings history and earnings-related data on IAC/Interactive Corp (IAC) click here.

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