News & Events zu Mediaalpha Inc (MAX)MAXMediaalpha Inc

MediaAlpha CFO Pat Thompson Steps Down

MediaAlpha announced that Pat Thompson will step down as CFO, effective October 1. Tigran Sinanyan, the company's senior VP of finance, will succeed Thompson as CFO as of that date. Sinanyan served as MediaAlpha's CFO from 2015 to 2021.

MediaAlpha Reports Q2 Revenue of $316.88M, Beating Expectations

Reports Q2 revenue $316.88M, consensus $299.14M. "We delivered record second-quarter results as demand continued to broaden across our marketplace," said Steve Yi, CEO of MediaAlpha. "Quarter after quarter, more of our carrier partners are unlocking advertising spend and leaning further into our marketplace. Looking to the future, the continued shift to digital advertising, ongoing migration of commission dollars to advertising spend, and our industry-leading scale position us well to continue to gain share in an attractive and growing market."

Company Sees Q3 Adjusted EBITDA of $32M-$35M

Sees Q3 adjusted EBITDA $32M-$35M. The company said, "Our guidance for the third quarter of 2026 reflects continued strength in our Property & Casualty insurance vertical, driven by strong carrier growth investment and continued share gains. We expect our Health insurance vertical to account for approximately 1% of revenue. For the full year, we continue to expect to generate between $90 million - $100 million in free cash flow1 and expect to complete the vast majority of the $45 million remaining under our share repurchase program by the end of 2026."