MediaAlpha Announces Fourth Quarter and Full Year 2023 Financial Results
MediaAlpha, Inc. Class A (MAX)
Company Research
Source: GlobeNewswire
Fourth quarter revenue of $117 million, down 6% year over year; Full year revenue of $388 million, down 15% year over yearFourth quarter Transaction Value of $165 million, down 2% year over year; Full year Transaction Value of $593 million, down 20% year over year Fourth quarter Transaction Value from Property & Casualty down 4% year over year to $54 million; Full year Transaction Value from Property & Casualty down 31% year over year to $278 millionFourth quarter Transaction Value from Health flat year over year at $98 million; Full year Transaction Value from Health up 3% year over year to $260 million LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX), today announced its financial results for the fourth quarter and full year ended December 31, 2023. “Our fourth quarter results exceeded expectations, driven primarily by improving conditions in our Property & Casualty (P&C) insurance vertical,” said MediaAlpha co-founder and CEO Steve Yi. “While our P&C
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News
- Industry Analysts Just Upgraded Their MediaAlpha, Inc. (NYSE:MAX) Revenue Forecasts By 11% [Yahoo! Finance]Yahoo! Finance
- At US$22.08, Is MediaAlpha, Inc. (NYSE:MAX) Worth Looking At Closely? [Yahoo! Finance]Yahoo! Finance
- MediaAlpha, Inc. (NYSE: MAX) had its price target raised by analysts at Canaccord Genuity Group Inc. from $25.00 to $30.00. They now have a "buy" rating on the stock.MarketBeat
- MediaAlpha, Inc. (NYSE: MAX) had its price target raised by analysts at JPMorgan Chase & Co. from $18.00 to $30.00. They now have an "overweight" rating on the stock.MarketBeat
- MediaAlpha Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
MAX
Earnings
- 5/1/24 - Beat
MAX
Sec Filings
- 5/3/24 - Form SC
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- MAX's page on the SEC website