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February 6, 2007

IAC Reports Q4 Results

Ask.com parent IAC reported $1.8 billion in revenue for the fourth quarter, up 8 percent over the prior year, and $6.3 billion in revenue for the full year, up 15.9 percent. Adjusted net income rose 21.4 percent for the quarter to $211.6 million, and came in at $533.0 million for the year, up 13.3 percent.

Media & Advertising results include IAC Search & Media (including Ask.com, Ask.com UK, Fun Web Products, and network properties), Citysearch and Evite. Revenue in this unit rose 46 percent in the quarter to $159.8 million.

Proprietary traffic in the Media & Advertising unit rose by 64.8 percent, and now constitutes 55.5 percent of all traffic. Traffic to syndicated network sites also rose, by 35.2 percent, and now makes up 44.5 percent of overall traffic.

More details are available at ClickZ News.

Posted by Kevin Newcomb on February 6, 2007 10:29 AM