MediaAlpha, Inc. provided earnings guidance for the third quarter of 2023. For the third quarter, the company expects revenue between $65 million - $75 million, representing a 21% year-over-year decline at the midpoint of the guidance range. The guidance for the third quarter of 2023 reflects a continuation of low customer acquisition spend levels by P&C carriers as they prioritize profitability over growth.
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5-day change | 1st Jan Change | ||
18.83 USD | +2.50% | -3.19% | +68.88% |
May. 15 | Keefe, Bruyette & Woods Raises Price Target on MediaAlpha to $25 From $19, Maintains Outperform Rating | MT |
May. 10 | MediaAlpha Closes $144.2 Million Secondary Offering | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+68.88% | 971M | |
+31.62% | 276B | |
+5.00% | 135B | |
+30.18% | 94.76B | |
+7.51% | 92.92B | |
+64.02% | 61.13B | |
+15.24% | 46.6B | |
+25.78% | 38.08B | |
+0.15% | 35.74B | |
+15.12% | 29.13B |
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- MediaAlpha, Inc. Provides Earnings Guidance for the Third Quarter of 2023