Form 8-K IAC/InterActiveCorp For: Nov 05

Go back to Form 8-K IAC/InterActiveCorp For: Nov 05

IAC/Interactive Corp (IAC) Tops Q3 EPS

November 5, 2020 4:57 PM EST

IAC/Interactive Corp (NASDAQ: IAC) reported Q3 EPS of $2.04, $2.61 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $788.4 million versus the consensus estimate of $766.69 million.

IAC announced it is considering a spin-off of its ownership stake in Vimeo to its shareholders; IAC also entered into an agreement to raise $150 million at Vimeo at an enterprise value of... More