IAC Net Income Declines

Posted on by Chief Marketer Staff

IAC posted net income $102.1 million for the first quarter, a 2.7% decline from net income of $104.9 million in the prior year.

The parent company of television shopping channel HSN and Ticketmaster reported revenue of $1.6 billion for the quarter ended March 31, a 10% gain over revenue of $1.5 billion last year.

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