secwatch.observer — SEC 8-K summary
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Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001818383-22-000144
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MediaAlpha Q3 revenue $89M (-42% YoY); net loss widens to $21.2M
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- Revenue $89.0M, down 42% YoY; Transaction Value $146.7M, down 42%.
- Property & Casualty TV $83M (-53% YoY); Health TV $46M (-5% YoY).
- Net loss $(21.2)M vs $(4.3)M prior year; Adjusted EBITDA $2.2M vs $13.8M (-84%).
- Gross margin 14.2% (down from 16.1%); Contribution margin 17.4% (up from 17.1%).
- CEO cites P&C carrier loss-cost inflation; expects improvement when profitability recovers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838322000144/0001818383-22-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838322000144/max-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001818383-22-000144

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer