Tag: iac


HomeAdvisor Q4 revenue up 30 percent

HomeAdvisor Q4 revenue up 30 percent

Home-improvement service marketplace HomeAdvisor grew revenue 30 percent in the fourth quarter of 2014, and, as a result, the eCommerce division revenue of parent IAC increased 18 percent. While HomeAdvisor international service requests  for Q4 were down year-over-year (YOY) 3 percent, domestic (U.S.) requests were up 25 percent. On the IAC earnings call Jeff Kip,  IAC EVP and CFO, credited increased marketing spend with the...

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HomeAdvisor revenue up 20 percent as IAC income triples

HomeAdvisor revenue up 20 percent as IAC income triples

IAC, parent of  HomeAdvisor, just reported in Q3 2014 the home-improvement service marketplace veteran boosted its revenue year-over-year (YOY)  by 20 percent. Paying service providers jumped 30 percent since this time last year.  That good HomeAdvisor news resulted in a 17 percent  increase in IAC’s e-commerce category.  Overall IAC revenue grew 3 percent YOY, while net income more than tripled, from just under $97 million in Q3...

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HomeAdvisor U.S. use down, Europe up

HomeAdvisor U.S. use down, Europe up

The Q4 2013 earnings report of IAC, parent of HomeAdvisor, indicated that HomeAdvisor U.S.  consumer requests for providers dropped 6 percent since Q4 2012, while the number of site visitors who actually hired a tradesperson dropped 9 percent.  The news in Europe  was better, however, with HomeAdvisor International requests up 21 percent, and accepts increased by 17 percent. HomeAdvisor Europe,  created in 2008, operates in...

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Fewer U.S. consumers using IAC’s HomeAdvisor after name change

Fewer U.S. consumers using IAC’s HomeAdvisor after name change

HomeAdvisor, the former ServiceMagic, is having a tough time in the U.S., though its international business is brisk.  The good U.S. news is that of the fewer folks that are asking for a HomeAdvisor recommendation, a few more are hiring those recommended. Still, searches are down 11 percent year-over-year, and accepts are down 8 percent in the same period. Overseas the increases are encouraging, however...

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ServiceMagic, Match.com boost IAC earnings

ServiceMagic, Match.com boost IAC earnings

According to its Q410 earnings release, IAC revenue grew 27 percent year over year, with significant growth in ServiceMagic members and personals users.  Its search division realized promising numbers as well. ServiceMagic grew its service provider network 22 percent, for a current total of  more than 82,000 service providers.  Web design and Internet marketing firm Market Hardware product sales went from 300 to 11,000 in...

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IAC grows revenue, still realizes loss

Search (Ask.com, CitySearch, toolbars) and ServiceMagic were the primary revenue heroes at IAC, according to its Q110 earnings call and release. Revenue growth year over year was 16 percent. The company reported a net loss of $300,000 before amortization, though this was a 91 percent improvement from Q109’s $3 million loss. In the U.S., ServiceMagic realized 40 percent additional service requests and 256 percent more...

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Yahoo personals powered by Match.com, other IAC earnings news

Interactive Corp. reported an 18 percent second quarter 2009 year over year income gain on today’s earnings call, to $1.6 billion. However, IAC search and media (including Ask.com) accounted for half that increase, which IAC had not owned this time last year. HSC Germany sales declined 17 percent in the quarter. Personals revenue grew 28 percent. Match.com increased paid members by 15 percent year over year at the end...

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International expansion planned by Angie’s List, Servicemagic

International expansion planned by Angie’s List, Servicemagic

SANTA CLARA, Calif. (at the BIA Kelsey Interactive Local Media conference): Look for expansion into Canada and the U.K. next year by Angie’s List, a subscription-based site that focuses on home improvement providers. Competitor Servicemagic, a free competitor, has moved into France and is targeting Germany as its next international expansion country. Angie’s List founder Angie Hicks today said that the company will use some of...

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IAC CitySearch launches first major redesign in 10 years

IAC CitySearch launches first major redesign in 10 years

IAC’s local online guide CitySearch has launched its first major redesign in nearly a decade. The move is aimed at competing with more aggressive newcomers like Yelp. The revised site tried to strike a balance between user-generated reviews and its own editorial reviews. CitySearch is now in beta (see http://beta.citysearch.com/ – the old site automatically redirects here) and has added new social features such as...

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