IAC profit beats as its dating websites attract more paid users

April 28, 2015 publisher allen, chairman, chairman-diller, dating-websites, obtain-medical, other-services, street, tinder-plus

IAC/InterActiveCorp reported a higher-than-expected quarterly profit as subscription revenue rose from its dating websites and the company said user response to the paid version of its Tinder dating app was better than it had anticipated. Shares of the company, whose chairman is media mogul Barry Diller, rose about 2 percent in extended trading on Tuesday. IAC, which also owns video sharing service Vimeo and education service Princeton Review, said it launched 'Tinder Plus' in March

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IAC profit beats as its dating websites attract more paid users