secwatch.observer — SEC 8-K summary
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Issuer:     FIRST ADVANTAGE CORP (FA)
CIK:        0001210677
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0000950170-21-003286
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Advantage Q3 revenue $192.9M (+41% YoY); raises FY guidance; announces two acquisitions
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210677/000095017021003286/0000950170-21-003286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210677/000095017021003286/fa-20211108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-003286

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