IAC

Loss in Earnings Reported by IAC for Fourth-Quarter

IAC-InterActive-Corp-Logo

For the past year's fourth-quarter, IAC/Interactive Corp., reported a loss in earnings, mainly on the back of unusually steep write-down, but the owner of renowned properties like Ask. com and Match. com managed to enjoy a sudden and unexpected growth in revenue, a sign that the online advertising sector is steadily improving.

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