Investing.com - IAC/InterActiveCorp (NASDAQ:IAC) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IAC/InterActiveCorp announced earnings per share of $2.04 on revenue of $788.4M. Analysts polled by Investing.com anticipated EPS of $-0.44 on revenue of $752.59M.
IAC/InterActiveCorp shares are up 59% from the beginning of the year, still down 5.44% from its 52 week high of $137.97 set on September 2. They are outperforming the Nasdaq which is up 32.52% from the start of the year.
IAC/InterActiveCorp follows other major Technology sector earnings this month
IAC/InterActiveCorp's report follows an earnings beat by Apple on October 29, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar