IAC’s third-quarter earnings beat analyst expectations today with revenue of $838.6 million and earnings of $1.01. Analysts were expecting earnings of 78 cents per share on revenue of $806 million.
Shares of IAC rose as much as 3.6 percent in extended trading following the report. The company’s overall revenue was up 7 percent from $782.2 million in the third quarter last year. Read More
Source: Tech Crunch