Strong Cash Flow Improvement
IAC reported a nearly $250 million increase in cash flow year-on-year, reaching almost $300 million, indicating strong financial performance and efficient operations.
Digital Revenue Growth at Dotdash Meredith
Dotdash Meredith reported 10% digital revenue growth for the fourth quarter. The company reversed previous traffic declines, with traffic up 8% and digital advertising growing 3%.
Successful Turnaround at Angi
Angi successfully returned to a positive cash flow trajectory after reducing capital expenditures from $115 million to $50 million, setting the stage for future growth.
Positive Momentum in MGM Operations
MGM is described as running like a 'Patek Philippe watch' with superb management and high occupancy rates, highlighting its strong market position and operational efficiency.