IAC(US:IAC) ZACKS·2025-08-05 00:01Core Insights - IAC reported a revenue of $586.93 million for the quarter ended June 2025, marking a year-over-year decline of 38.2% and a surprise of -2.53% compared to the Zacks Consensus Estimate of $602.19 million [1] - The earnings per share (EPS) for the same period was $2.57, a significant increase from $0.01 a year ago, resulting in an EPS surprise of +956.67% against a consensus estimate of -$0.30 [1] Revenue Performance - Revenue from Emerging & Other was $15.9 million, slightly above the average estimate of $14.96 million, but represented a year-over-year decline of 85.2% [4] - Search revenue totaled $61.7 million, below the average estimate of $77.09 million, reflecting a year-over-year decrease of 39.4% [4] - Care.com revenue was reported at $82 million, closely matching the estimated $82.06 million [4] - Desktop Search revenue was $10.2 million, falling short of the average estimate of $13.11 million, with a year-over-year decline of 41.7% [4] - Ask Media Group Search revenue was $51.4 million, compared to the average estimate of $64.18 million, indicating a year-over-year change of -39% [4] - Intersegment eliminations reported $0 million, contrasting with the average estimate of -$0.29 million, representing a 100% year-over-year change [4] Adjusted EBITDA - Adjusted EBITDA for Care.com was $5.8 million, exceeding the average estimate of $4.15 million [4] - Corporate Adjusted EBITDA was reported at -$22.8 million, better than the average estimate of -$25.22 million [4] - Adjusted EBITDA for Emerging & Other was -$6.3 million, slightly better than the average estimate of -$6.93 million [4] - Search Adjusted EBITDA was $5.1 million, surpassing the average estimate of $4.54 million [4] Stock Performance - IAC shares returned +0.1% over the past month, while the Zacks S&P 500 composite increased by +0.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]