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An announcement from IAC/InteractiveCorp. ( (IAC) ) is now available.
Dotdash Meredith Inc. reported a slight increase in revenue to $439 million for the third quarter of 2024, compared to $417 million in the same period last year. Despite the rise in revenue, the company faced higher operating costs, including selling, marketing, and administrative expenses. The total assets decreased to $3.16 billion from $3.34 billion at the end of 2023, with a notable reduction in shareholder’s equity, reflecting ongoing financial adjustments.
See more insights into IAC stock on TipRanks’ Stock Analysis page.