IAC Inc.

Good morning, everyone. Mark Schneider here, and welcome to the IAC and Angie Inc. third quarter earnings presentation. Joining me today is Joey Levin, CEO of IAC and chairman of Angie, Oisin Hanaran, CEO of Angie, and Neil Vogel, CEO of DotDash. Similar to last quarter, supplemental to our quarterly earnings releases, IAC has published its quarterly shareholder letter. We will not be reading the shareholder letter on this call. It is currently available on the investor relations section of IAC's website. I will shortly turn the call over to Joey to make a few brief introductory remarks, and then we'll open it up to Q&A. Before we get to that, I'd like to remind you that during this presentation, we may discuss our outlook and future performance. These forward-looking statements typically may be preceded by words such as we expect, we believe, we anticipate, or similar statements. These forward-looking views are subject to risks and uncertainties and are actual results to differ materially from the views expressed today. Some of these risks have been set forth in IAC and Angie's third quarter press releases and our respective filings with the SEC. We'll also discuss certain non-GAAP measures, which, as a reminder, include adjusted EBITDA, which we'll refer to today as EBITDA for simplicity during the call. I'll also refer you to our press releases, the IAC shareholder letter, and again to the investor relations section of our website for all comparable GAAP measures and full reconciliations for all material non-GAAP measures. Now let's just jump right into it. Joey?

Thanks, Mark. Hello, everybody. Thanks again for joining us as always. Busy, busy quarter for IAC as they usually are. We have announced the Meredith deal, and so it wasn't long we saw you last. We've been deep at work trying to figure out how to get everything right for a time when we can close that deal, which we're still hoping to do by the end of the year. and all the other businesses are humming along right now. Angie, I'm sure we'll talk a lot about today, but the services business is in a really great place, and we're making progress on the rebrand. And Care.com is doing really well. We didn't talk about Care yet, but Care is growing really nicely, hitting all-time records, which we're excited about. And our little businesses are doing well. Blue Crew and Vivian are breaking growth records, which is incredibly exciting. And even Daily Beast is at a really nice revenue growth quarter. We're all in different locations today. So hopefully we get all the logistics right. But we are feeling good about the business and where we're headed. And I know we've got a lot of questions. So we brought Ashin, of course, from Angie, and Neil, again, from .dash, so we could talk about all the big things going on. And I'm here, of course, to talk about anything I see. So let's get started on the first question.

Great. Our first question will be from Corey Carpenter at J.P. Morgan.