Fewer Ask.com Searches Drive IAC Interactive To Fall Short Of Earnings Forecasts

Started by opensource, May 11, 2010, 11:01 PM

opensource

Internet media firm IAC/InteractiveCorp. released fourth quarter earnings Tuesday that showed a profit slightly short of forecasts and cited a drop in the number of Web searches at its Ask.com and other online properties as a factor in revenue that fell by 19 percent during the quarter.

Fewer Ask.com Searches Drive IAC Interactive To Fall Short Of Earnings Forecasts