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.
Real-time Estimate
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5-day change | 1st Jan Change | ||
18.33 USD | -2.66% | -2.26% | +66.46% |
15/05 | Keefe, Bruyette & Woods Raises Price Target on MediaAlpha to $25 From $19, Maintains Outperform Rating | MT |
10/05 | MediaAlpha Closes $144.2 Million Secondary Offering | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+66.46% | 971M | |
+30.65% | 470B | |
+31.97% | 276B | |
+4.02% | 135B | |
+30.68% | 94.76B | |
+62.40% | 61.13B | |
+13.97% | 46.6B | |
+25.78% | 38.08B | |
+0.51% | 35.74B | |
+14.16% | 29.13B |
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- MediaAlpha, Inc. Provides Earnings Guidance for the Third Quarter of 2023