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) 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.
MediaAlpha announced the closing of a secondary offering of 8,050,000 shares of its Class A common stock at $46.00 per share, with 1,050,000 shares sold under an underwriter's option. MediaAlpha did not sell any shares or receive proceeds from this offering. This transaction involved several financial institutions, including J.P. Morgan and Citigroup, as joint bookrunners. The registration statement for these securities was effective as of March 18, 2021. The press release clarifies it is not an offer to sell or solicit buyers in jurisdictions where it would be unlawful.
MediaAlpha announced the pricing of a secondary offering of 7,000,000 shares of its Class A common stock at $46 per share by certain selling stockholders. The offering is expected to close on March 23, 2021, subject to customary closing conditions. Importantly, MediaAlpha will not be offering any shares nor receiving any proceeds from this transaction. The underwriters have a 30-day option to purchase an additional 1,050,000 shares. J.P. Morgan, Citigroup, Credit Suisse, and RBC Capital Markets are the joint bookrunners for this offering.
MediaAlpha, Inc. (NYSE: MAX) has filed a registration statement on Form S-1 with the SEC for a proposed secondary offering of up to 7,000,000 shares of its Class A common stock. This offering, which is initiated by certain selling stockholders, does not include shares offered by MediaAlpha itself. The date and terms of the offering remain uncertain, pending market conditions. Major financial firms, including J.P. Morgan and Citigroup, are acting as underwriters. The press release clarifies that this notice does not constitute an offer to sell or solicit offers to buy these securities.
MediaAlpha, Inc. (MAX) announced its financial results for Q4 and FY 2020, showcasing significant growth. Q4 revenue was $190.2 million, up 51% year-over-year, while FY revenue hit $584.8 million, a 43% increase. However, the company reported a Q4 net loss of $13.2 million compared to a profit of $10.4 million in 2019. The company anticipates strong growth in Q1 2021, with projected revenue between $170 - $175 million, indicating a 44% year-over-year growth. For the full year, 2021 revenue expectations range from $700 - $740 million, reflecting a 23% increase.
MediaAlpha, Inc. (NYSE: MAX) reported preliminary financial results for the fiscal year ended December 31, 2020, as disclosed by White Mountains Insurance Group. The company achieved total revenues of $584.8 million, a 43% increase year-over-year. Net income stood at $9.4 million, with total expenses recorded at $575.4 million. Despite the positive revenue growth, the financial data is preliminary and may be revised in the upcoming 10-K filing. MediaAlpha plans to announce its detailed financial results on March 11, 2021.
MediaAlpha, Inc. (NYSE: MAX) is set to announce its fourth quarter and full year 2020 financial results on March 11, 2021, after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. PT (5:00 p.m. ET). Investors can access a live webcast of the call on MediaAlpha’s Investor Relations website. Additionally, participants can join the call by dialing in toll-free. An audio replay will be available for two weeks following the event.
MediaAlpha, Inc. (NYSE: MAX) reported a successful third quarter for 2020, achieving a revenue of $151.5 million, up 37% year-over-year, and a Transaction Value of $217.6 million, a 44% increase. Gross margin declined to 13.7% from 16.0% in the previous year, while net income decreased to $4.8 million from $7.8 million. The company forecasts fourth quarter revenues to be between $163 - $165 million, reflecting 30% year-over-year growth. MediaAlpha anticipates a robust full year 2020 with projected revenue between $558 - $560 million.