IAC down after missing quarterly revenue estimates
ReutersNov 3, 2025 9:15 PM
Shares of media and internet company IAC IAC.O fall 13.7% to $28.10 after the bell
IAC reports Q3 revenue $589.8 million, down 8%, below estimates of $601.6 million, according to data compiled by LSEG
Company's search unit reports a 41% decline in third-quarter revenue
IAC now sees annual adj. EBITDA between $234 million and $258 million, vs its prior forecast of between $247 million and $285 million
Stock has fallen 8% YTD
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