MediaAlpha Inc. (MAX) Tops Q3 EPS by 5c, provides guidance

MediaAlpha Inc. (NYSE: MAX) reported Q3 EPS of $0.17, $0.05 better than the analyst estimate of $0.12. Revenue for the quarter came in at $259 million versus the consensus estimate of $247.11 million.

GUIDANCE:

MediaAlpha Inc. sees Q4 2024 revenue of $275-295 million, versus the consensus of $244 million. Adjusted EBITDA between $29.5 million and $32.5 million, representing a 144% year-over-year increase at the midpoint of the guidance range. We are projecting Contribution less Adjusted EBITDA to be approximately $0.5 - $1.0 million higher than in Q3 2024.

For earnings history and earnings-related data on MediaAlpha Inc. (MAX) click here.

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