{"schema_version":"secwatch.filing_event.v1","accession":"0001818383-25-000124","form_type":"8-K","ticker":"MAX","cik":"0001818383","company_name":"MediaAlpha, Inc.","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.581211+00:00","generated_at":"2026-05-17T01:42:23.695135+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MediaAlpha Q3 revenue $306.5M (+18% YoY); net income $17.6M; new $50M buyback","bullets":["Revenue $306.5M, up 18% YoY; transaction value $589.3M, up 30% YoY.","Net income $17.6M (+48% YoY); Adjusted EBITDA $29.1M (+11% YoY).","Property & Casualty transaction value record $548M (+41% YoY); Health down 40% to $33M.","Gross margin 14.2% vs 15.1%; contribution margin 14.9% vs 16.0%.","Board authorized $50M share repurchase program; Q3 repurchased 3.2M shares for $32.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001818383-25-000124","json":"https://secwatch.observer/filing/0001818383-25-000124.json","markdown":"https://secwatch.observer/filing/0001818383-25-000124.md","text":"https://secwatch.observer/filing/0001818383-25-000124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818383/000181838325000124/0001818383-25-000124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818383/000181838325000124/max-20251028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:42:23.695135+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}