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VIEW EVENT INFORMATION: Ask |
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IAC Up, Ask Down In Second Quarter |
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About the organization Ask: Type: Business Sub-Types: Website, Search Engine, Application Software, Telecommunication Software |
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Notable Organizations: Ask, Techcrunch |
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A strong second quarter by IAC saw a 78% increase in profits, mostly driven by assets sales and reduced costs.
The positive headline results did not flow through to the struggling 4th ranked search engine Ask.com, which saw a decline in revenues. The second quarter decline comes despite a $100 million Crispin, Porter + Bogusky advertising campaign that should be resulting in increased traffic… |
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