- Associated Press - Wednesday, October 27, 2010

THE GROWTH: Third-quarter revenue for IAC/InterActiveCorp, the Internet company run by billionaire Barry Diller, climbed 25 percent from last year. The change stems mainly from growth in IAC’s search business and Match online dating business.

ANALYST EXPECTATIONS: IAC’s revenue of $421.7 million and adjusted profit of 32 cents per share were well ahead of estimates from analysts polled by Thomson Reuters.

STOCK JUMP: IAC shares climbed in afternoon trading. It traded as high as $28.25 _ its most expensive point in nearly three years.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide