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Page 1 of 16 IAC IAC REPORTS Q2 2021 - Q2 REVENUE INCREASES 26 % TO $ 830 MILLION NEW YORK- August 4 , 2021 - IAC ( NASDAQ : IAC ) released its second quarter results today and separately posted a letter to shareholders from IAC CEO Joey Levin on the Investor Relations section of its website at ir.iac.com . Revenue Operating loss Net earnings ( loss ) Diluted EPS Adjusted EBITDA IAC SUMMARY RESULTS ( $ in millions except per share amounts ) Q2 2021 Q2 2020 Growth $ 829.5 $ 659.0 26 % ( 28.4 ) ( 97.4 ) 71 % 194.8 ( 96.1 ) NM 2.02 ( 1.13 ) NM 26.4 19.7 34 % See reconciliations of GAAP to non - GAAP measures beginning on page 11 . Q2 2021 HIGHLIGHTS • • • • • IAC completed the Spin - off of Vimeo on May 25 , 2021 and , accordingly , the results of Vimeo are treated as discontinued operations . The year - over - over improvement in Net earnings and Diluted EPS for Q2 2021 was due primarily to a $ 210 million after - tax unrealized gain related to our investment in MGM Resorts International . Angi Inc. revenue increased 12 % year - over - year to $ 421 million , the third consecutive quarter of double - digit growth . o Angi Services ( pre - priced offerings ) revenue was $ 73 million in Q2 2021 , increasing 127 % year- over - year . ○ Marketplace Transacting Service Professionals increased 16 % year - over - year to a record high of 225,000 . Marketplace Monetized Transactions increased 11 % year - over - year to over 5 million . Dotdash revenue increased 64 % year - over - year to $ 73 million , accelerating from 48 % in Q1 2021 . Operating income increased 150 % to $ 19 million and Adjusted EBITDA increased 70 % to $ 21 million . Search operating income and Adjusted EBITDA were $ 26 million . • Emerging & Other revenue increased 40 % to $ 152 million , including $ 78 million from Care.com .