MediaAlpha, Inc. (NYSE:MAX) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET
Company Participants
Denise Garcia - Investor Relations
Steve Yi - Chief Executive Officer
Pat Thompson - Chief Financial Officer
Conference Call Participants
Michael Graham - Canaccord
Cory Carpenter - JPMorgan
Meyer Shields - KBW
Andrew Kligerman - Credit Suisse
Daniel Grosslight - Citi
Mike Zaremski - BMO
Operator
Good day, everyone. And welcome to the MediaAlpha Fourth Quarter and Full Year 2022 Earnings Call. Today’s call is being recorded. All lines have been placed on mute to prevent any background noise and after the speakers’ remarks there will be a question-and-answer session. [Operator Instructions]
I would now like to turn the conference over to Denise Garcia, Investor Relations. Please go ahead.
Denise Garcia
Thank you, Lisa. After the market closed today, MediaAlpha issued a press release and shareholder letter announcing results for the fourth quarter and full year ended December 31, 2022. These documents are available in the Investors section of our website and we will be referring to them on this call.
Our discussion today will include forward-looking statements about our business and our outlook for future financial results, including our financial guidance for the first quarter of 2023, which are based on assumptions, forecasts, expectations and information currently available to management.
These forward-looking statements are subject to risks and uncertainties that could cause future results or events to differ materially from those reflected in those statements. Please refer to the company’s SEC filings, including its annual report on Form 10-K and its quarterly reports on Form 10-Q for a fuller explanation of those risks and uncertainties and the limits applicable to forward-looking statements. These forward-looking statements are based on assumptions as of today, February 23, 2023, and the company undertakes no obligation to revise or update them.
In addition, on today’s call, we will be referring to certain actual and projected financial metrics of MediaAlpha that are presented on a non-GAAP basis. This includes adjusted EBITDA, which we present in order to supplement your understanding and assessment of our financial performance.
Non-GAAP measures should not be considered as a substitute for or superior to financial measures calculated in accordance with GAAP. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures are included in our press release and the shareholder letter issued today.
Finally, I’d like to remind everyone that this call is being recorded and will be made available for replay via a link on the Investors section of the company’s website at investors.mediaalpha.com.