Industry News

Profits sink at IAC/InterActiveCorp

Second-quarter revenue rises 18% at LendingTree parent co.
Published on Aug 1, 2006

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by CareyBot

Second-quarter earnings fell sharply at IAC/InterActiveCorp, the parent company of online lending service LendingTree and, a consumer real estate portal. The media and Internet company reported net income of $53.8 million, or 17 cents a share, down 91 percent ...