Welcome to our dedicated page for Mediaalpha news (Ticker: MAX), a resource for investors and traders seeking the latest updates and insights on Mediaalpha stock.
MediaAlpha Inc. (MAX) operates at the intersection of digital advertising and insurance, providing a performance-based platform that leverages real-time bidding and programmatic technology. This news hub offers investors and industry professionals timely updates on corporate developments, strategic initiatives, and market positioning.
Access comprehensive coverage of MediaAlpha's earnings announcements, technology innovations, and partnership agreements. Our curated news collection enables stakeholders to track operational milestones in customer acquisition solutions and advertising technology advancements.
Key updates include leadership changes, platform enhancements, and industry recognition within the insurtech sector. This resource serves as an essential tool for monitoring MediaAlpha's role in shaping performance marketing through data-driven advertising strategies.
Bookmark this page for streamlined access to verified corporate communications and objective analysis of MediaAlpha's evolving market position. Regularly updated content supports informed decision-making for all stakeholders in the digital insurance ecosystem.
MediaAlpha, Inc. announced the closing of a secondary public offering of 7,590,000 shares of its Class A common stock by White Mountains Insurance Group and Insignia Capital Group at an offering price of $19.00 per share. J.P. Morgan and Goldman Sachs & Co. acted as joint bookrunners for the offering. MediaAlpha did not sell any shares and did not receive proceeds from the offering.
MediaAlpha, Inc. (NYSE: MAX) will present at the upcoming 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference and the 44th Annual William Blair Growth Stock Conference. The presentations will be webcast live and archived on MediaAlpha's investor relations website.
MediaAlpha, Inc. announced the pricing of a secondary public offering of 6,600,000 shares of its Class A common stock by certain selling stockholders at $19.00 per share. The offering is expected to close on May 10, 2024. MediaAlpha is not offering any shares and will not receive any proceeds from the offering.
MediaAlpha, Inc. announced a secondary public offering of 6,000,000 shares of its Class A common stock by Selling Stockholders, with an option for additional shares. MediaAlpha is not offering any shares in the offering, with all proceeds going to the Selling Stockholders. J.P. Morgan and Goldman Sachs are acting as joint bookrunners for the offering.
MediaAlpha, Inc. (NYSE: MAX) reported strong first quarter 2024 financial results with revenue of $126.6 million, up 13% year over year, and Transaction Value of $219.1 million, a 13% increase. With a focus on the Property & Casualty (P&C) vertical, the company saw significant growth and improvement in financial metrics. The CEO, Steve Yi, highlighted the positive start to the year, expecting to capitalize on the P&C market rebound. The company projects substantial growth in the second quarter, with Transaction Value in P&C estimated to be 60-70% higher than Q1 levels. Revenue is expected to increase by 77% year over year, with adjusted EBITDA projected to grow by 359% at the midpoint of the guidance range.
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