IAC Stock Recent News

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Barry Diller, IAC and Expedia chairman and senior executive, joins 'Squawk Box' to discuss the end of the Hollywood writers' strike, the media landscape at large, A.I. revolution & the impact on entertainment, and much more.

A weak advertising market and demand for home repairs has weighed on the company's revenue growth. The company was able to significantly narrow its operating loss in the second quarter.

IAC missed estimates on the top and bottom lines. Revenue declined in all four of its business segments.

IAC CEO Joey Levin joins 'Squawk on the Street' to discuss what happened with the company's quarterly earnings results, whether there's been a real turnaround in advertising spend, and more.

While the top- and bottom-line numbers for IAC (IAC) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

IAC (IAC) came out with a quarterly loss of $0.76 per share in line with the Zacks Consensus Estimate. This compares to loss of $1.71 per share a year ago.

Shares of IAC Inc. IAC, -0.54% fell 10.7% after hours on Tuesday after the media company reported second-quarter results that missed expectations. The company — which oversees outlets like People, Entertainment Weekly and the Daily Beast — reported a net loss of $91.6 million, or $1.07 a share, compared with $875.4 million, or $10.02 a share, in the same quarter last year.

Joey Levin, IAC CEO, joins CNBC's Julia Boorstin and 'Fast Money' from Sun Valley Conference to talk the impact of A.I., the future of media and more.

IAC Inc. IAC, -3.61% shares rose in the extended session Tuesday after the company announced a pair of top leadership changes. IAC shares rose as much as 5% after hours, following a 3.6% decline to close at $60.68.