Earnings PerformanceMediaAlpha's Q3 results came in well ahead of guidance, with Transaction Value, Revenue, and adj. EBITDA all decisively ahead of expectations, as the Auto insurance recovery continues its momentum.
Growth OpportunitiesMAX’s addressable market opportunities are viewed as large and expanding, specifically within the growing US digital advertising market.
Market ValuationMediaAlpha is clearly benefiting from a sharp recovery in Auto and still trades at a very reasonable valuation relative to its rapidly improving growth and profitability profile.