IAC Inc. (NASDAQ:IAC) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET
Company Participants
Christopher Halpin - EVP, CFO & COO
Joey Levin - CEO
Jeff Kipp - CEO and Director, Angi Inc.
Conference Call Participants
Cory Carpenter - JP Morgan
Jason Helfstein - Oppenheimer
John Blackledge - TD Cowen
Eric Sheridan - Goldman Sachs
Ross Sandler - Barclays
Daniel Kurnos - The Benchmark Company
Tom Champion - Piper Sandler
Youssef Squali - Truist
Yugal Arouninan - Citigroup
Nick Jones - Citizens JMP
Operator
Welcome to the IAC, and Angi’s Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Christopher Halpin, Executive Vice President, CFO and COO of IAC. Please go ahead, sir.
Christopher Halpin
Thank you, operator. Good morning, everyone. Christopher Halpin here, and welcome to the IAC and Angi Inc., third quarter earnings call. Joining me today are Joey Levin, CEO of IAC, and Chairman of Angi Inc. and Jeff Kipp, CEO of Angi Inc. Similar to last quarter, supplemental to our quarterly earnings releases, IAC has also published its quarterly shareholder letter, which is currently available on the Investor Relations section of IAC's website. We will not be reading the shareholder letter on this call. I will shortly turn the call over to Joey to make a few brief introductory remarks, and we'll then open it up to Q&A.
Before that, I'd like to remind you that during this presentation, we may make certain statements that are considered forward-looking under the Federal Securities Laws. These forward-looking statements may include statements related to our outlook and strategy and future performance and are based on our current expectations and on information currently available to us. Actual outcomes a results may differ materially from the future results expressed or implied in these statements due to number of risk and uncertainties including those contained in our most recently quarterly report on Form 10-Q and our most recently annual report on Form 10-K and in the subsequent reports that we filed with the SEC.
The information provided on this conference call should be considered in light of such risks. We'll also discuss certain non-GAAP measures, which, as a reminder, include adjusted EBITDA, which we'll refer to as EBITDA for simplicity during the call. I'll also refer you to our earnings releases, the IAC shareholder letter, our public filings with the SEC and again to the Investor Relations section of our respective websites for all comparable GAAP measures and full reconciliations for all material non-GAAP measures. And now, I will turn it over to Joey.