MediaAlpha, Inc. (NYSE:MAX) Q1 2024 Earnings Conference Call May 1, 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
Michael Zaremski - BMO Capital Markets
Cory Carpenter - JPMorgan
Thomas McJoynt - KBW
Ben Hendrix - RBC Capital Market
Operator
Hello and thank you for standing by. At this time, I would like to welcome everyone to the MediaAlpha, Inc. First 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. Please go ahead.
Alex Liloia
Thank you, Jericho. After the market closed today, MediaAlpha issued a press release and shareholder letter announcing results for the first quarter ended March 31st, 2024. These documents are available in the Investors section of our website and we'll be referring to them on this call.
Our discussion today will include forward-looking statements about MediaAlpha's business and outlook for future financial results, including its financial guidance for the second quarter of 2024, 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, May 1st, 2024, 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, including adjusted EBITDA and contribution, 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 shareholder letter issued today.
Finally, I would 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.