MediaAlpha, Inc. (MAX) Beats Q2 Earnings and Revenue Estimates

Core Viewpoint - MediaAlpha, Inc. reported quarterly earnings of $0.17 per share, exceeding the Zacks Consensus Estimate of $0.16 per share, and showing significant growth from $0.07 per share a year ago, indicating a positive earnings surprise of +6.25% [1] Financial Performance - The company achieved revenues of $251.62 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.24%, and reflecting a year-over-year increase from $178.27 million [2] - Over the last four quarters, MediaAlpha has exceeded consensus EPS estimates two times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - MediaAlpha shares have declined approximately 10.2% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] Earnings Estimate Revisions - The trend for earnings estimate revisions for MediaAlpha was favorable prior to the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $260.41 million, and for the current fiscal year, it is $0.54 on revenues of $1.05 billion [7] Industry Context - The Technology Services industry, to which MediaAlpha belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable outlook as the top 50% of Zacks-ranked industries tend to outperform the bottom 50% by more than 2 to 1 [8]