secwatch.observer — SEC 8-K summary
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Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001818383-24-000085
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MediaAlpha Q3 revenue $259M (+247% YoY); net income $11.9M vs. loss
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838324000085/0001818383-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838324000085/max-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001818383-24-000085

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