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Ask.com Division Earnings Up 40%, Profit Up 74%

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IAC’s Media & Advertising group, the division that includes Ask.com and the rest of IAC Search & Media (plus CitySearch and Evite) had a great quarter. IAC reported earnings yesterday, and while the company as a whole didn’t do great, with profits down 4.2%, Ask’s division had revenue of $189 million, up 40%, and income of $27.6 million, up an impressive 74%. The growth is great, and though they aren’t Google-level numbers, profitablility comes first, then big growth, then billions in earnings. At the very least, the money means Ask should be sticking around for a while.

Original post by Nathan Weinberg