IAC/InterActiveCorp (IAC) CEO Joey Levin on Q3 2021 Results - Earnings Call Transcript

Nov. 05, 2021 4:08 PM ETIAC Inc. (IAC) StockIAC
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Q3: 2021-11-04 Earnings Summary

EPS of $0.38 beats by $0.71
 | Revenue of $924.07M (17.21% Y/Y) beats by $47.38M

IAC/InterActiveCorp (NASDAQ:IAC) Q3 2021 Earnings Conference Call November 5, 2021 10:00 AM ET

Company Participants

Mark Schneider - Senior Vice President, Finance & IR, IAC
Joey Levin - CEO, IAC & Chairman, Angi Inc.
Oisin Hanrahan - CEO of Angi
Neil Vogel - CEO of Dotdash

Conference Call Participants

Cory Carpenter - JPMorgan
Ross Sandler - Barclays
John Blackledge - Cowen
Brian Fitzgerald - Wells Fargo
Jason Helfstein - Oppenheimer
Dan Salmon - BMO
Michael Ng - Goldman Sachs
Nick Jones - Citi
Justin Patterson - Keybanc

Mark Schneider

Good morning, everyone. Mark Schneider here and welcome to the IAC Angi Inc. Third Quarter Earnings Presentation. Joining me today is Joey Lavin, CEO of IAC and Chairman of Angi, Oisin Hanrahan, CEO of Angi and Neil Vogel, CEO of Dotdash.

Similar to last quarter, supplemental to our quarterly earnings releases. ICS published its quarterly shareholder letter. We will not be reading the shareholder letter on this call. It is currently available on the Investor Relation section of ICS's website. I will shortly turn the call over to Joey to make a few brief introductory remarks and then we will open it up to Q&A.

Before we get to that, I'd like to remind you that during this presentation, we may discuss our outlook and future performance. These forward looking statements typically may be preceded by words, such as we expect, we believe, we anticipate or similar statements. These forward looking views are subject to risks and uncertainties and our actual results could differ materially from the views expressed today. Some of these risks have been set forth in IC and Angi's third quarter press releases and our respective filings with the SEC.

We'll also discuss certain non-GAAP measures, which as a reminder include adjusted EBITDA, which will refer to today as EBITDA

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