MediaAlpha, Inc. (MAX) Q2 2025 Earnings Call

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WEBVTT 00:00:00.000 -- 00:00:05.340 Thank you for standing by. My name is Karen and I will be your conference moderator 00:00:05.340 -- 00:00:10.640 today. At this time, I would like to welcome everyone to the Media 00:00:10.640 -- 00:00:15.600 Alpha Inc. Second Quarter 2025 earnings call. 00:00:15.600 -- 00:00:20.400 All lines have been placed on mute to prevent any background noise. 00:00:20.400 -- 00:00:25.540 After today's presentation, there will be an opportunity to ask questions. 00:00:25.540 -- 00:00:32.000 To ask a question, you may press star followed by the number one on your telephone keypad. 00:00:32.100 -- 00:00:37.120 Do we draw your question? You may press star followed by the number one again. 00:00:37.120 -- 00:00:40.580 I will now turn the call over to Alex Lilloya. 00:00:40.580 -- 00:00:43.240 Please go ahead. 00:00:43.500 -- 00:00:47.680 Thanks, Karen. Good afternoon and thank you for joining us. 00:00:47.680 -- 00:00:52.220 With me are co-founder and CEO Steve Yee and CFO Pat Thompson. 00:00:52.220 -- 00:00:56.240 On today's call, we'll make forward-looking statements relating to our business and outlook 00:00:56.240 -- 00:01:00.560 for future financial results, including our financial guidance to the third quarter of 00:01:00.560 -- 00:01:02.220 2025. 00:01:02.220 -- 00:01:05.700 These forward-looking statements are subject to risks and uncertainties that could cause 00:01:05.700 -- 00:01:09.180 actual results to differ materially. 00:01:09.500 -- 00:01:14.460 Please refer to our SEC filings, including our annual report on Form 10-K and quarterly 00:01:14.460 -- 00:01:19.680 reports on Form 10-Q for a fuller explanation of those risks and uncertainties 00:01:19.680 -- 00:01:22.980 and the limits applicable to forward-looking statements. 00:01:2...