Headline: IAC Reports Q4 Loss, Revenue Beat Expectations - IAC Inc. (IAC)

[Para 1: The Lead] IAC Inc. (IAC), based in New York, reported a quarterly loss of $76.8 million, or 99 cents per share, in the fourth quarter, surpassing its revenue forecast. The company's revenue stood at $646 million, exceeding Wall Street expectations of $640.7 million. [Para 2-3: Supporting details & Context] For the fiscal year, IAC incurred a loss of $104 million, or $1.30 per share, with total revenue of $2.39 billion. Analysts had forecasted a loss of $1.30 per share and revenue of $2.39 billion. The company's earnings and revenue surpassed market expectations, indicating resilience despite the reported loss.]