Mediaalpha Inc Stock Price, News & Analysis

MediaAlpha, Inc. (NYSE: MAX) will participate in a virtual fireside chat at Citi’s 2021 Global Technology Virtual Conference on September 14, 2021, at 3:30 p.m. Eastern Time. The chat will feature Steve Yi, Co-Founder and CEO, and Tigran Sinanyan, CFO. Investors can register for the event through a provided link. The presentation will be webcast live and made available for a limited time on MediaAlpha’s investor relations website. For further inquiries, investors can reach out via email.

MediaAlpha, Inc. (NYSE: MAX) reported strong second quarter results for 2021, with revenue of $157.4 million, representing a 27% increase year over year. Transaction Value surged by 46% to $256.5 million, marking the eighth consecutive quarter of over 40% growth. Despite a net loss of $(0.4) million, the company saw improvements in Adjusted EBITDA at $14.7 million, up from $13.2 million in Q2 2020. For Q3 2021, MediaAlpha anticipates revenue between $158 million - $165 million and a total year revenue forecast of $680 million - $710 million.

MediaAlpha, Inc. (NYSE: MAX) revealed its preliminary financials for the quarter ending June 30, 2021, as disclosed by White Mountains Insurance Group. The company reported total revenues of $157.4 million and total expenses of $157.8 million, resulting in a net loss of $(0.4) million. Total assets stood at $236.4 million, while total liabilities were $315.6 million. White Mountains holds approximately 28% ownership in MediaAlpha. The company plans to release detailed financial results on August 12, 2021.

MediaAlpha, Inc. (NYSE: MAX) announced its plans to release second-quarter financial results on August 12, 2021, after market close. A Q&A conference call will follow at 2:00 p.m. Pacific Time, available via live webcast on its Investor Relations website. Participants can also dial in toll-free. An audio replay will be accessible for two weeks post-call.

MediaAlpha, Inc. (NYSE: MAX) announced the resignation of CFO Tigran Sinanyan, effective October 1, 2021, as he pursues a management role at a private company. Sinanyan, who has been with MediaAlpha since its inception, will assist in the transition for three months. CEO Steve Yi expressed gratitude for Sinanyan's contributions, highlighted his role in the company's growth and IPO. Additionally, MediaAlpha reaffirmed its financial guidance for Q2 and the full year 2021, emphasizing stability amid leadership changes.

MediaAlpha, Inc. (NYSE: MAX) announced participation in virtual fireside chats at two investor conferences. Steve Yi, CEO, and Tigran Sinanyan, CFO, will speak at the 49th Annual J.P. Morgan Global Technology, Media and Communications Conference on May 25, 2021, at 4:25 p.m. ET, and the 41st Annual William Blair Growth Stock Conference on June 1, 2021, at 4:20 p.m. ET. Both presentations will be webcast live and archived on MediaAlpha’s investor relations website.

Investors can register for these events through provided links.

MediaAlpha, Inc. (NYSE: MAX) reported strong financial results for Q1 2021, with revenue growth of 45% year-over-year to $173.6 million and a Transaction Value increase of 58% to $262.5 million. Despite a decline in net income to $0.2 million from $8.8 million in Q1 2020, the company raised its full-year guidance for Transaction Value and Adjusted EBITDA. The outlook for Q2 anticipates revenue between $156 million - $161 million, reflecting 28% growth, and a full-year forecast of $680 million - $710 million in revenue, representing 19% growth.

MediaAlpha reported preliminary financial results for Q1 2021, as disclosed in White Mountains Insurance Group's Form 10-Q. Key figures include total revenues of $173.6 million, total expenses of $173.4 million, and net income of $0.2 million. The company has total assets of $241.7 million and total liabilities of $331.1 million. As of the reporting date, White Mountains holds a 29% ownership stake in MediaAlpha with nearly 17 million shares. The finalized Q1 results are set to be published on May 13, 2021.

MediaAlpha, Inc. (NYSE: MAX) will announce its financial results for Q1 2021 on May 13, 2021, after market close. A conference call to discuss these results is scheduled for 2:00 p.m. PT (5:00 p.m. ET) on the same day. Interested parties can access the live webcast through MediaAlpha's Investor Relations website. Participants may also dial in using toll-free numbers. An audio replay of the conference call will be available for two weeks post-call.