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RE: LeoThread 2024-11-12 01:30

in LeoFinance2 months ago

In IAC's earnings release, the company also broke out results from its Care.com segment for the first time. IAC in 2019 acquired Care.com, an online marketplace for consumers to find child care, senior care, pet care and other services, for nearly $500 million.

Care.com revenue declined 6% year over year to $95.7 million during the third quarter. In the last 12 months, Care.com generated adjusted EBITDA of $46 million.