IAC's Q1: Spin-off, Growth, & M&A Hunt

IACs first quarter earnings showcased strength, with Angis spin-off and Dotdash Merediths revenue growth. Vivians AI innovations, Searchs Google deal renewal, and The Daily Beasts surge in revenue were highlights. Despite Match separation litigation, IAC repurchased shares and added to authorization, reaffirming full-year guidance. Investors noted the value gap, with Diller emphasizing capital allocation. Consumer spending held firm via performance marketing, while premium direct ads stayed stable. IAC is pursuing M&A across digital experiences and AI, aiming to unlock value and execute on what they control. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/379f8a80f73b9f55