IAC reports Q2 EPS ($1.71), consensus (47c)

Reports Q2 revenue $949.5M, consensus $943.05M. The company said Dotdash Meredith Digital revenue increased 12% to $238M, the second consecutive quarter of double-digit growth, while Print revenue declined 7%, the smallest decline since the Meredith acquisition. Angi operating income increased $25M to $9M and adjusted EBITDA increased 115% to $42M, driven by growth at Ads and Leads, International and Services.