Mergers And Acquisitions StrategyIAC is signaling a more cautious approach to mergers and acquisitions, indicating 'the bar on new acquisitions remains high.'
Revenue ExpectationsManagement's top-line outlook for 4Q24 and 2025 commentary came in weaker than expected, with management indicating that the business may not return to growth until 2026.
Segment Performance ChallengesSearch revenue is expected to decline by 50.5% year-over-year, indicating challenges in this segment.