Dotdash Meredith Sees Double Digit Revenue Growth in Q2 2024

Dotdash Meredith, a subsidiary of IAC, reported its Q2 2024 financial results on Tuesday and delivered strong results, both in growing the digital business as well as minimizing the downside of its print business. In a shareholder letter, IAC CEO Joey Levin said:

DDM is in excellent shape with accelerating Digital revenue growth and expanding margins, and the broader ad market seems solid. We’re raising our profit outlook for the year and are focused on demonstrating our current momentum heralds the long-term power of our business.