Fast Fool Facts: IAC Grudgingly Adjusts

Interactive conglomerate IAC/InterActiveCorp (Nasdaq: IACI  ) reported second-quarter earnings on July 31.

  • At first glance, the numbers seem impressive. But adjusted EPS paints a bleaker picture, dropping a penny from last year to $0.31 and missing analyst estimates.
  • Not thrilled with the concert lineup this summer? Neither is Ticketmaster, which saw weak domestic ticket sales for the quarter.

(Figures in millions, except per-share and CAPS data)

Q2 2007

Q2 2006

Change

Revenue

$1,512.4

$1,431.6

5.6%

Net Income

$96.0

$53.8

78.4%

EPS

$0.32

$0.17

91.2%

CAPS Score (out of 5)

Outperform

Underperform

CAPS

***

219

21

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Fast Fool Facts are designed to give you informative earnings highlights in a timely fashion. Check back at Fool.com for a more in-depth discussion of this company and others.

Foolish research associate Katrina Chan does not own shares in IAC. The Motley Fool has a disclosure policy.


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