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Q1: 2026-05-04 Earnings Summary
EPS of -$0.49 misses by $0.35
|
Revenue of
$422.89M
(-25.87% Y/Y)
misses by $6.74M
IAC Inc. (IAC) Q1 2026 Earnings Call May 5, 2026 8:30 AM EDT
Company Participants
Christopher Halpin - Executive VP, CFO & COO
Barry Diller - Chairman & Senior Executive
Neil Vogel - Chief Executive Officer of People Inc
Tim Quinn - CFO & Head of Strategy
Conference Call Participants
James Heaney - Jefferies LLC, Research Division
John Blackledge - TD Cowen, Research Division
Cory Carpenter - JPMorgan Chase & Co, Research Division
Ross Sandler - Barclays Bank PLC, Research Division
Justin Patterson - KeyBanc Capital Markets Inc., Research Division
Youssef Squali - Truist Securities, Inc., Research Division
Jason Helfstein - Oppenheimer & Co. Inc., Research Division
Matthew Condon - Citizens JMP Securities, LLC, Research Division
Presentation
Operator
Good day, and welcome to the IAC First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Mr. Christopher Halpin, COO and CFO. Please go ahead, sir.
Christopher Halpin
Executive VP, CFO & COO
Thank you. Good morning, everyone. Christopher Halpin here, and welcome to the IAC First Quarter Earnings Call. Joining me today are Barry Diller, Chairman and Senior Executive of IAC; Neil Vogel, CEO of People Inc.; and Tim Quinn, CFO of People Inc. IAC has published a presentation on the Investor Relations section of our website today entitled Q1 Earnings Presentation as well as a letter from our Chairman published last week. On this call, Barry, Neil, Tim and I will provide some introductory remarks referencing that presentation and letter and then open it up to Q&A. Before we get to that, I'd like to remind you that during this presentation, we may make certain statements that are considered forward-looking under the federal securities laws. These forward-looking statements may include statements related to our outlook, strategy and future performance and are based on current expectations and on information currently available to us.
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