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 […]

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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.


About the author

Barry Schwartz
Staff
Barry Schwartz is a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry can be followed on Twitter here.

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