Our Mission
To build a real-time, transparent, and results-driven ecosystem that efficiently connects businesses with high-intent customers.
Financial Data
Q1 2024 Results
- Revenue of $127 million, up 13% year over year
- Transaction Value of $219 million, up 13% year over year
- Transaction Value from Property & Casualty up 15% year over year to $135 million
- Transaction Value from Health up 16% year over year to $69 million
LOS ANGELES, May 01, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX), today announced its financial results for the first quarter ended March 31, 2024.
“We had a great start to 2024. Our first quarter results exceeded expectations across all key financial metrics, driven primarily by robust growth in our Property & Casualty (P&C) vertical,” said MediaAlpha co-founder and CEO Steve Yi. “With the auto insurance industry rebounding from a period of unprecedented underwriting losses, we saw a sharp upswing in carrier marketing spend, which has continued into the second quarter. With the long-awaited P&C recovery underway, we believe we are well positioned to capture this significant market opportunity in 2024 and beyond.”