earnings
confidence high
sentiment negative
materiality 0.75
MediaAlpha Q2 revenue falls 34% to $103.4M; net loss widens to $13.0M
MediaAlpha, Inc.
2022-Q2 EPS reported
-$0.39
revenue$246,048,000
- Revenue of $103.4M, down 34% YoY; Transaction Value of $182.9M, down 29%.
- P&C Transaction Value dropped 37% to $112M; Health fell 2% to $46M.
- Gross margin contracted to 15.0% vs 15.9%; Contribution Margin improved to 18.1% from 16.9%.
- Net loss of $(13.0)M vs $(0.4)M loss a year ago; Adjusted EBITDA of $4.5M, down 69% YoY.