IAC/InterActive Profits Surge 80 Percent

  • May 5, 2005
Barry Diller's IAC/InterActiveCorp said Wednesday that first-quarter earnings came to $69 million, or 9 cents a share, compared to $38.3 million, or 5 cents a share last year. Adjusted profit was 22 cents a share, on revenue of $1.65 billion. Analysts had predicted earnings of 20 cents per share and revenues of $1.63 billion.

--W.D.

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