05:50 PM EDT, 05/05/2025 (MT Newswires) -- IAC (IAC) reported a Q1 loss late Monday of $2.64 per share, compared with earnings of $0.51 a year earlier.

Analysts polled by FactSet expected a loss of $0.61.

Revenue for the quarter ended March 31 was $570.5 million, down from $624.3 million a year earlier.

Analysts surveyed by FactSet expected $809.8 million.

The company reiterated its full year 2025 guidance for all businesses.