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. (NYSE: MAX) is a marketing technology company that operates what it describes as the insurance industry’s leading programmatic customer acquisition platform. This news page aggregates company announcements, earnings results, regulatory updates, and other disclosures that shape the story of MAX stock and MediaAlpha’s role in the insurance ecosystem.
Readers can find quarterly and annual financial results, including revenue trends, Transaction Value, Contribution, and Adjusted EBITDA, as reported in MediaAlpha’s earnings press releases and shareholder letters. These updates often highlight performance in key insurance verticals such as property & casualty, health (including under‑65 health and Medicare), and life insurance, along with commentary on carrier demand and partner growth.
MediaAlpha’s news flow also covers capital allocation and financing actions, such as share repurchase programs, private stock repurchases, and amendments to its senior secured credit facilities. Governance and leadership developments feature prominently, including Board transitions following the company’s change in controlled company status, new director appointments, and changes in executive roles like the promotion of a new Chief Technology Officer and the creation of a Chief Architect position.
Regulatory and compliance developments are another important theme. News items include the company’s settlement with the Federal Trade Commission related to its under‑65 health sub‑vertical, as well as the announcement of SOC 2 Type II attestation with zero deficiencies, which MediaAlpha cites as validation of its data security and internal controls.
Investors and analysts who follow MAX can use this page to monitor how MediaAlpha reports on its business performance, platform evolution, governance changes, and regulatory milestones over time, using official press releases and related communications as primary sources.
MediaAlpha, Inc. (NYSE: MAX) announced a new share repurchase program, approving up to $5.0 million for buying back its Class A common stock. The repurchases are anticipated to occur during the second and third quarters of 2022, reflecting management's confidence in the company's strong cash flow. The program aims to optimize shareholder value while allowing funds for organic growth and acquisitions. Repurchases will be funded through available cash and ongoing operations, with management determining the timing based on market conditions and other factors.
MediaAlpha (NYSE: MAX) reported Q4 2021 revenue of $162 million, a 15% decline year-over-year. The full-year revenue increased by 10% to $645 million. Transaction Value for Q4 was $245 million, down 5%; however, it rose 25% for the year to $1 billion. The Q4 Property & Casualty sector saw a 24% decline to $120 million, while the Health sector grew 29% to $99 million. The company's net loss for Q4 was $4 million, improved from a $13.2 million loss in 2020. CHT acquisition aims to strengthen their Health insurance vertical.
MediaAlpha, Inc. (NYSE: MAX) announced the release of its fourth quarter and full year 2021 financial results on February 24, 2022, after market close. A conference call for Q&A regarding 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 on MediaAlpha's Investor Relations website and may also participate via toll-free numbers. An audio replay will be available for two weeks following the call.
MediaAlpha, Inc. (NYSE: MAX) has announced that Steve Yi, Co-Founder and CEO, will host a virtual fireside chat at the Wolfe Research Inaugural Insurance Forum on December 2, 2021, at 12:30 p.m. Eastern Time. The event will be available for live streaming and will also be archived for a limited time on MediaAlpha’s investor relations website. Interested participants can register for the event through the provided link.
MediaAlpha, Inc. (NYSE: MAX) reported a 1% year-over-year revenue increase to $153 million for Q3 2021, highlighting a robust 17% growth in Transaction Value to $255 million. However, the Property & Casualty segment faced challenges, with revenue declining by 8%. The Health insurance sector saw a 25% growth in revenue. Despite these results, the company anticipates lower guidance for Q4 2021 due to reduced marketing investments from P&C partners, projecting an 18% revenue decline and a 23% drop in Adjusted EBITDA at midpoint.
MediaAlpha, Inc. (NYSE: MAX) disclosed preliminary financial information for the fiscal quarter ending September 30, 2021, through White Mountains Insurance Group's 10-Q filing. Key figures include total revenues of $152.7 million and total expenses of $157.0 million, resulting in a net loss of $4.3 million. Total assets stand at $245.5 million, while total liabilities are $318.4 million. White Mountains holds approximately 28% ownership of MediaAlpha. The official financial results will be reported on November 10, 2021.
MediaAlpha, Inc. (NYSE: MAX) announced that CEO Steve Yi will participate in a virtual fireside chat at the 2021 RBC Capital Markets Global Technology, Internet, Media and Telecom Virtual Conference.
The event is scheduled for Wednesday, November 17, 2021, at 1:20 p.m. Eastern Time. A live webcast will be available and archived for a limited time on MediaAlpha's investor relations website, here.
MediaAlpha, Inc. (NYSE: MAX) has appointed Patrick Thompson as its new Chief Financial Officer, effective December 6, 2021. Thompson joins from Expedia Group, where he led significant finance operations over 11 years, managing billions in revenue. He is expected to enhance financial strategies at MediaAlpha, especially as online insurance shopping grows, providing new opportunities for customer acquisition. CEO Steve Yi praised Thompson's proven leadership and operational efficiency.
MediaAlpha, Inc. (NYSE: MAX) will release its third quarter 2021 financial results on November 10, 2021, after market close. The company has scheduled a Q&A conference call at 2:00 p.m. Pacific Time to discuss these results. Investors can access a live webcast of the call on MediaAlpha’s Investor Relations website. A replay of the conference call will be available for two weeks post-event. This announcement suggests the company is maintaining transparency with investors ahead of its earnings report.
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.