earnings
confidence high
sentiment positive
materiality 0.75
MediaAlpha Q3 revenue $259M (+247% YoY); net income $11.9M vs. loss
MediaAlpha, Inc.
2024-Q3 EPS reported
$0.22
revenue$564,056,000
- Revenue $259.1M, up 247% YoY; Transaction Value $451.8M, up 314% YoY.
- Net income $11.9M vs. net loss $(18.7)M in Q3 2023; Adj. EBITDA $26.3M vs. $3.6M.
- P&C insurance Transaction Value $387M, up 766% YoY; Health $56M, up 9% YoY.
- Gross margin 15.1% vs. 16.5%; Contribution margin 16.0% vs. 20.2% (margin compression).
- CEO cites record results and positioning for sustainable growth.