14. Selected Quarterly Financial Data (Unaudited)

The following table contains selected unaudited consolidated statement of operations information for each quarter of the years ended December 31, 2020 and 2019. We have prepared the unaudited quarterly consolidated statements of operations data on a consistent basis with the consolidated financial statements included in this Annual Report on Form 10-K. The results of historical periods are not necessarily indicative of results for a full year or for any future period.


(in thousands except per share amounts)

	Three Months Ended
	Dec. 31, 2020			Sept. 30, 2020		Jun. 30, 2020		Mar. 31, 2020
Revenue		190,205			151,548		123,616		119,445

Income (loss) from Operations		(11,127	)		8,431		11,681		10,550

Net (loss) income	$	(13,238	)	$	4,819	$	10,146	$	8,835

Net income (loss) attributable to QLH prior to Reorganization Transaction	$	(4,634	)	$	4,819	$	10,146	$	8,835
Net (loss) attributable to non-controlling interest		(4,238	)		—		—		—

Net (loss) income attributable to MediaAlpha, Inc.	$	(4,366	)	$	—	$	—	$	—

Net (loss) per share of Class A common stock—basic and diluted	$	(0.14	)	$	—	$	—	$	—




	Three Months Ended
	Dec. 31, 2019			Sept. 30, 2019		Jun. 30, 2019		Mar. 31, 2019
Revenue		126,148			110,397		89,111		82,349

Income (loss) from Operations		12,139			9,683		7,335		(4,316	)

Net income (loss)	$	10,377		$	7,763	$	4,959	$	(5,279	)

Net income (loss) attributable to QLH prior to Reorganization Transaction	$	10,377		$	7,763	$	4,959	$	(5,279	)
Net income (loss) attributable to Non-controlling interest		—			—		—		—

Net income (loss) attributable to MediaAlpha, Inc.	$	—		$	—	$	—	$	—

Net (loss) per share of Class A common stock—basic and diluted	$	—		$	—	$	—	$	—