IAC (NSDQ: IACI), which rejiggered its operations during the most recent quarter, laying off employees at its search business and swapping Evite and Gifts.com for Liberty Media’s holdings in the company, posted a better-than-expected 27 percent increase in sales. All of the company’s business units reported increases in revenue for the second quarter in a row. Match.com, which only a year ago was being dismissed in news outlets—including by us—as a site that was losing ground to free rivals led the way with a 30 percent increase in revenue. The company’s search unit was up 29 percent, while sales at its “media and other” unit, which includes the Daily Beast, College Humor and Vimeo, were up 28 percent.
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