IAC Announces Extension of Google Relationship
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October 28, 2015 9:25 AM EDT
RBC Capital reiterated a Sector Perform rating on IAC/InterActiveCorp (NASDAQ: IACI), and cut the price target to $70.00 (from $83.00), following the company's 3Q earnings results. Revenue of $839MM, up 7% Y/Y, exceeded Street expectations of $821MM.
Analyst Mark Mahaney commented, "IACI... More
October 27, 2015 3:55 PM EDT
Needham & Company reiterated a Buy rating on IAC/InterActiveCorp (NASDAQ: IACI), and cut the price target to $76.00 (from $86.00), following the company's 3Q15 earnings results. While Search revenue and EBITDA were modestly above expectations, the attention is likely to be on IACs renewal of its Google (NASDAQ:... More
October 26, 2015 4:34 PM EDT
IAC/InterActive (NASDAQ: IACI) reported Q3 EPS of $1.01, $0.23 better than the analyst estimate of $0.78. Revenue for the quarter came in at $838.6 million versus the consensus estimate of $806.05 million.
IAC announced that it has extended its partnership with Google (Nasdaq:... More
