IAC/InterActiveCorp (NASDAQ:IAC) Q2 2022 Earnings Conference Call August 10, 2022 8:30 AM ET
Company Participants
Christopher Halpin - EVP & CFO
Joseph Levin - CEO & Director
Oisin Hanrahan - CEO & Director
Mark Schneider - SVP, Finance & IR
Neil Vogel - CEO, Dotdash Meredith
Conference Call Participants
Cory Carpenter - JPMorgan Chase & Co.
Ross Sandler - Barclays Bank
Eric Sheridan - Goldman Sachs Group
John Blackledge - Cowen and Company
Brent Thill - Jefferies
Daniel Kurnos - The Benchmark Company
Jason Helfstein - Oppenheimer
Thomas Champion - Piper Sandler & Co.
Youssef Squali - Truist Securities
Operator
During this presentation, we may discuss our outlook and future performance. These forward-looking statements typically may be preceded by words such as we expect, we believe, we anticipate or similar statements. These forward-looking views are subject to risks and uncertainties, and our actual results could differ materially from the views expressed today. Some of these risks have been set forth in IAC's and Angi Inc.'s second quarter press releases and our respective filings with the SEC.
We'll also discuss certain non-GAAP measures, which, as a reminder, include adjusted EBITDA, which we'll refer to today as EBITDA for simplicity during the call. Please also refer to our press releases, the IAC shareholder letter and to the Investor Relations section of our websites for all comparable GAAP measures and full reconciliations for all material non-GAAP measures.
Christopher Halpin
Good morning. Thank you for joining the IAC Q2 Earnings Call. I'm joined here today by Joey Levin, CEO of IAC; Oisin Hanrahan, CEO of Angi; and Neil Vogel, CEO of Dotdash Meredith. We are going to go into a statement by Joey and some early comments, and then we'll go directly into Q&A.
With that, I will turn it over to Joey Levin.
Joseph Levin
Good morning, everybody. Thanks for being here. I'm grateful to be here in the office with my colleagues, building businesses. Grateful to all of you on the phone and video for joining us. And I'm very upbeat on our businesses right now.
We have our biggest business, Dotdash Meredith. We are on the path we set when we [indiscernible]. We are taking the steps we plan to take and generally seeing the intended outcome. We're not moving as fast as we'd like, and I don't think we have the support from the ad market that we expected, but we are getting things done that we expected to get done, which is most significantly migrating Dotdash -- migrate Meredith in the Dotdash platform, that we've done in days. And that puts all of our weapons in place where we can really start executing from there.