Investing.com - IAC/InterActiveCorp reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IAC/InterActiveCorp announced earnings per share of $3.46 on revenue of $876M. Analysts polled by Investing.com anticipated EPS of $-0.6081 on revenue of $836.79M.
IAC/InterActiveCorp shares are up 21% from the beginning of the year and are trading at $236.00 , down-from-52-week-high.They are outperforming the Nasdaq which is up 5.78% from the start of the year.
IAC/InterActiveCorp shares gained 2.31% in after-hours trade the report.
IAC/InterActiveCorp follows other major Technology sector earnings this month
IAC/InterActiveCorp's report follows an earnings beat by Apple on Wednesday, April 28, 2021, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
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