secwatch.observer — SEC 8-K summary
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Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001818383-24-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MediaAlpha Q4 revenue $117.2M (-6% YoY); Adj EBITDA up 40%; expects P&C TV nearly double in Q1
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- Q4 revenue $117.2M, down 6% YoY; Transaction Value $165.3M, down 2% YoY.
- Net loss narrowed to $(3.3)M from $(28.4)M; Adjusted EBITDA $12.7M vs $9.0M (up 40%).
- P&C Transaction Value $54M, down 4% YoY; management sees market turning and Q1 TV nearly doubling.
- Health Transaction Value flat YoY at $98M; full year Health TV up 3% to $260M.
- Full year revenue $388.1M, down 15%; net loss $(56.6)M vs $(72.4)M; Adj EBITDA $27.1M (up 19%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838324000008/0001818383-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838324000008/max-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001818383-24-000008

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