MediaAlpha, Inc. (MAX) Q2 2024 Earnings Call Transcript

MediaAlpha, Inc. (NYSE:MAX) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET

Company Participants

Alex Liloia - Investor Relations, Hayflower Partners
Steve Yi - Co-Founder and Chief Executive Officer
Patrick Thompson - Chief Financial Officer

Conference Call Participants

Michael Graham - Canaccord Genuity
Cory Carpenter – J.P. Morgan
Michael Zaremski - BMO Capital Markets
Thomas McJoynt - KBW

Operator

Thank you for standing by. My name is Pam and I will be your operator today. At this time, I would like to welcome everyone to the MediaAlpha, Inc. Second Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions].

I would now like to turn the conference over to Alex Liloia. You may begin.

Alex Liloia

Thanks, Pam. Good afternoon and thank you for joining us. With me are Co-Founder and CEO, Steve Yee and CFO, Pat Thompson.

On today's call, we will make forward-looking statements relating to our business and outlook for future financial results, including our financial guidance for the third quarter of 2024.

These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to our SEC filings, including our annual report on Form 10-K and quarterly reports on Form 10-Q, for a fuller explanation of those risks and uncertainties, and the limits applicable to forward-looking statements.

All the forward-looking statements we make on his call reflect our assumptions and beliefs as today and we disclaim any obligation to update such statements except as required by law.

Today's discussion will include non-GAAP financial measures, which are not a substitute for GAAP results. Reconciliations of these non-GAAP financial measures to the corresponding GAAP measures can be found in our press release and