secwatch.observer — SEC 8-K summary
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Issuer:     FIRST ADVANTAGE CORP (FA)
CIK:        0001210677
Form:       8-K/A
Filed at:   2021-08-12T23:59:59+00:00
Accession:  0000950170-21-001380
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Advantage Q2 revenue up 66.5% to $174.8M; net income $3.8M vs loss
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- Revenue $174.8M (+66.5% YoY); net income $3.8M vs net loss of $16.4M.
- Adjusted EBITDA $56.3M (+77.9% YoY); Adjusted Net Income $33.2M.
- Completed upsized IPO on June 25, net proceeds $316.5M; used $200M to prepay debt.
- Full-year 2021 guidance: revenue $640-650M, Adj. EBITDA $186-190M, Adj. Net Income $110-113M.
- Adjusted diluted EPS $0.25 vs $0.09 a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210677/000095017021001380/0000950170-21-001380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210677/000095017021001380/fa-20210812.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-001380

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer