(VIANEWS) – Shares of IAC/InterActiveCorp (NASDAQ: IAC) rose by a staggering 13.1% to $60.71 at 11:30 EST on Wednesday, following the last session’s downward trend. NASDAQ is rising 0.54% to $12,245.00, following the last session’s downward trend. This seems, as yet, a somewhat positive trend exchanging session today.
IAC/InterActiveCorp’s last close was $53.68, 40.8% under its 52-week high of $90.68.
About IAC/InterActiveCorp
IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. IAC Inc. is headquartered in New York, New York.
Earnings Per Share
As for profitability, IAC/InterActiveCorp has a trailing twelve months EPS of $-13.73.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -16.64%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.5%, now sitting on 5.24B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 69.9% and 93.4%, respectively.
Yearly Top and Bottom Value
IAC/InterActiveCorp’s stock is valued at $60.71 at 11:30 EST, way under its 52-week high of $90.68 and way above its 52-week low of $41.52.
Earnings Before Interest, Taxes, Depreciation, and Amortization
IAC/InterActiveCorp’s EBITDA is 32.54.
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