MediaAlpha Expects Q1 Revenue Of $105M-$115M, Representing 1% Y/Y Decline At Midpoint Of Guidance Range; Est $110.45M
Portfolio Pulse from Benzinga Newsdesk
MediaAlpha projects Q1 revenue to be between $105M-$115M, indicating a 1% year-over-year decline at the midpoint. The expected Q1 transaction value is forecasted to be $175m-$190m, showing a 6% decrease year-over-year at the midpoint. However, adjusted EBITDA is anticipated to be between $9.5 million and $11.5 million, marking a 45% increase year-over-year at the midpoint of the guidance range.
February 20, 2024 | 9:44 pm
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MediaAlpha expects a slight decline in Q1 revenue and transaction value but projects a significant increase in adjusted EBITDA.
The mixed forecast for MediaAlpha, with a slight decline in revenue and transaction value but a significant increase in adjusted EBITDA, suggests a neutral short-term impact on its stock price. The positive outlook on profitability (EBITDA) could offset concerns about the revenue and transaction value declines.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100