20 C
New York
Thursday, May 23, 2024

IAC Earnings Drop But Ask.com Grows

Last night Ask.com’s parent company, IAC, reported earnings. Bloomberg reports that IAC’s profits dropped 98 percent in the fourth-quarter. The blame goes to the “entertainment coupon division.” But Ask.com’s media and ad segment division did pretty well, showing a growth of 46 percent in revenue from $109.5 million in Q4 2005 to $159.8 million in Q4 2006.

Related Articles

Latest Articles