Barry Diller calls for an end to ‘absurd’ earnings guidance, says his firms won’t do it anymore

Earnings

Billionaire businessman Barry Diller joined CNBC’s “Squawk Box” on Friday. 

Diller, chairman of Expedia Group and digital media group IAC, told Squawk Box in April that the U.S. government needed to bail out every company hit hard by the coronavirus pandemic and “we’ll worry about paying the bills later.” 

Expedia Group’s brands include Expedia, Hotels.com, and Trivago, while IAC’s brands include Ask.com, video-sharing service Vimeo and news site The Daily Beast. 

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