AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

MAX · NYSE · Internet Content & Information

MediaAlpha (MAX)

Runs the programmatic exchange where insurance carriers bid for consumer leads.

$9.36

vs last close−0.63 (−6.26%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	75	117	127	178	259	301	264	252	307	291	310	317
Cost of revenue	62	95	103	147	220	252	223	214	263	246	263	272
Gross profit	12	22	24	32	39	49	42	38	43	45	47	45
	27	22	21	25	24	31	42	58	24	−34	24	25
Research & development	4	4	4	5	5	5	5	5	6	5	5	6
	23	14	16	19	18	15	16	17	18	17	19	19
Selling & marketing	6	6	6	6	6	6	6	5	5	5	5	5
General & administrative	17	8	10	13	12	9	11	12	13	12	14	14
Other expenses	0	4	1	1	0	11	20	35	0	−56	0	0
Operating income	−15	0	2	6	16	18	0	−20	20	78	22	20
	−4	−5	−4	−2	−3	−10	−2	−2	−2	−183	−2	35
Interest expense	4	4	4	4	4	3	3	3	3	3	2	3
Other non-operating income	0	−4	−1	−1	0	−11	−20	−35	−1	180	−1	−38
Income before tax	−19	−4	−1	5	12	8	−2	−22	18	−104	21	55
Income tax expense	0	−1	0	0	0	1	0	0	0	−138	7	13
Net income from continuing operations	−19	−3	−1	4	12	7	−2	−23	18	34	14	42
Net income	−14	−2	−1	4	9	5	−2	−19	15	31	11	39
EPS, basic	−$0.29	−$0.05	−$0.02	$0.07	$0.17	$0.08	−$0.04	−$0.33	$0.26	$0.56	$0.21	$0.72
EPS, diluted	−$0.29	−$0.05	−$0.02	$0.07	$0.17	$0.08	−$0.04	−$0.33	$0.26	$0.50	$0.21	$0.65
Weighted average shares, basic	46	41	49	53	55	55	49	56	57	56	56	55
Weighted average shares, diluted	46	47	49	53	55	55	56	56	57	67	56	63
EBITDA	−13	7	5	9	17	31	22	16	21	−101	24	57
Depreciation & amortization	2	2	2	2	2	2	2	1	1	1	1	−1
EBIT	−15	5	3	7	16	29	20	15	21	−102	23	58