earnings
confidence high
sentiment positive
materiality 0.80
First Advantage Q3 revenue $192.9M (+41% YoY); raises FY guidance; announces two acquisitions
FIRST ADVANTAGE CORP
2021-Q3 EPS reported
$0.00
revenue$499,763,000
- Net income of $16.3M vs loss of $3.5M a year ago; adjusted EPS $0.28 vs $0.17.
- Adjusted EBITDA of $63.9M, margin 33.2% vs 31.6%; raised FY guidance: rev $680-686M, adj EBITDA $208-211M.
- Signed definitive agreements to acquire Corporate Screening (healthcare/higher ed) and MultiLatin (Latin America), expected Q4 close.
- Cash from operations $27.8M; cash and cash equivalents $275.5M, total debt $564.7M.