IAC Inc. (NASDAQ:IAC) Faces Financial Challenges D…
From Financial Modeling Prep: 2024-11-12 20:00:04
In the latest earnings report, IAC Inc. (NASDAQ:IAC) posted an EPS of -$2.93, missing estimates. However, the company exceeded revenue expectations at around $938.7 million, showcasing its sales-generating capabilities. With a current ratio of 2.75, IAC’s liquidity position remains strong, despite profitability struggles in a competitive digital and media industry.
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