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InterActiveCorp (Match.com) Posts Higher Profit
Filed in archive Business by Mark Brooks on May 11, 2005
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REUTERS -- May 5 -- InterActiveCorp posted a higher first-quarter profit in their Q1 report. Revenue rose 14% to $1.65. Operating income before amortization rose 30%, to $253 million.

PERSONALS BUSINESS EXCERPT: "Personals revenue grew by 11% to $54.2 million, driven primarily by a 6% increase in paid subscribers and higher average revenue per subscriber. International subscribers grew 24%excluding declines at uDate. Personals Operating Income Before
Amortization declined by 14% to $5.4 million, resulting mainly from
higher customer acquisition costs relating to the company's new
marketing campaign. Operating income grew by 54% to $4.4 million, reflecting lower non-cash distribution and marketing expense and amortization of intangibles."

Mark Brooks: Rosy numbers from Match.com.



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