Financial PerformanceMediaAlpha reported strong Q1 results, with Transaction Value, revenue, and adj. EBITDA all coming in solidly ahead of expectations.
Market GrowthStructural shifts within advertising such as growth of direct distribution and mix shift toward digital channels can drive sustainable double-digit growth.
Regulatory ResolutionMAX will be able to settle at an amount that does not require an equity capital raise, which if correct would act as a positive catalyst for the stock.