IAC/Interactive Corp (IAC) Reports Q2 EPS of $2.57
IAC/Interactive Corp (NASDAQ: IAC) reported Q2 EPS of $2.57, versus ($1.71) reported last year. Revenue for the quarter came in at $586.9 million versus the consensus estimate of $601.35 million.
| FY 2025 Outlook | |||||
| Adjusted EBITDA (a) | |||||
People Inc. (b) | $330-$340 | ||||
| Care.com | 45-55 | ||||
| Search | 12-15 | ||||
| Emerging & Other | (25-15) | ||||
| Corporate | (115-110) | ||||
| Total Adjusted EBITDA | $247-$285 | ||||
Stock-based compensation expense (c) | (30-25) | ||||
| Depreciation | (35-30) | ||||
| Amortization of intangibles | (100-90) | ||||
| Total Operating income | $82-$140 |
(a) Guidance assumes no future non-recurring expenses such as severance, transactions costs or non-cash lease impairments.
(b) Excludes approximately $36 million non-cash gain from a lease termination in Q1 2025.
(c) FY 2025 stock-based compensation expense reflects the net reduction in Q1 2025 of approximately $35 million of stock-based compensation expense due to the provisions of the January 13, 2025 ETA between IAC and its former CEO.
For earnings history and earnings-related data on IAC/Interactive Corp (IAC) click here.