IAC Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 929.68 million compared to USD 1,084.27 million a year ago. Net income was USD 45.03 million compared to USD 417.78 million a year ago.

Basic earnings per share from continuing operations was USD 0.52 compared to USD 4.72 a year ago. Diluted earnings per share from continuing operations was USD 0.51 compared to USD 4.57 a year ago.