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IAC's profit beats as revenue rises from dating websites

2015-04-29 01:52:15| Apparel - Topix.net

Media mogul Barry Diller's IAC/InterActiveCorp reported a better-than-expected quarterly profit, helped by higher subscription revenue from its dating websites. Shares of IAC, which also owns video sharing service Vimeo and popular dating app Tinder, rose 2 percent in extended trading on Tuesday.

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