BLOOMBERG - Feb 2 - IAC/InterActiveCorp said that its fourth-quarter revenue jumped 27% due mainly to growth in online advertising and in its Match online dating business. For the quarter that ended Dec. 31, IAC earned $87M, or 90c per share, compared with a loss of $1.0 billion, or $7.94 per share, in the fourth quarter of 2009. For IAC's Match unit, which includes Match.com and Chemistry.com, revenue jumped 30% to $108.3M. Total subscribers to IAC's dating sites climbed 30% to 1.8M by the end of the quarter.
The full article was originally published at Bloomberg, but is no longer available.
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