October 31, 2007
Ask.com Helps IAC Earn 40% Increase In Q3 2007 Media Revenue
IAC Reports Q3 Results from CNNMoney reports that IAC saw a 4.2% decline in net income year over year. Here is IAC's press release for the third-quarter numbers this year.
But if you pull out Ask.com, IAC's search engine, which is part of IAC's Media & Advertising group, you will see that sector saw an increase of 40% in revenue and a positive net this past quarter. In Q3 2007, the Media & Advertising group saw revenues of $189.8 million up from $135.5 million in Q3 2006, plus operating income this past quarter was $15.4 million, up from a loss of $2.1 million last year.
Filed under Search Engines by Barry Schwartz
