- IAC/InterActiveCorp's ( NASDAQ: IAC ) monthly metrics for August showed more declines in revenues outside of the company's Angi business ( NASDAQ: ANGI ), which posted year-over-year gains (but at a decelerating rate).
- At the company's Dotdash Meredith unit, which took over the National Media of publisher Meredith at the start of December, total revenues rose 677% year-over-year as reported, and digital revenue rose 236%.
- On a pro forma basis, however, total Dotdash Meredith revenue fell 15% year-over-year, keeping up a multi-month string of declines. Digital revenue pro forma fell 11%, while print revenue on that measure dropped by 17%.
- In the company's Search operations, Ask Media Group revenue fell by 29% year-over-year, while Desktop revenue fell by 41%. The Emerging & Other operations showed revenue gains of 16%.
- After hours, IAC ( IAC ) is down 0.2% , while Angi is up 3% postmarket after reporting its August revenue gain .
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IAC metrics for August show another month of falling revenues outside Angi