MediaAlpha (NYSE:MAX) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$259.1m (up 248% from 3Q 2023).

• Net income: US$9.48m (up from US$13.5m loss in 3Q 2023).

• Profit margin: 3.7% (up from net loss in 3Q 2023).

• EPS: US$0.17 (up from US$0.29 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MediaAlpha Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 40%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are down 12% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for MediaAlpha (2 shouldn't be ignored) you should be aware of.

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