earnings
confidence high
sentiment positive
materiality 0.75
First Advantage Q1 revenues up 43.8% to $189.9M; raises FY2022 guidance; promotes Joelle Smith to President
FIRST ADVANTAGE CORP
2022-Q1 EPS reported
$0.09
revenue$189,881,000
- Revenue $189.9M (+43.8% YoY); net income $13.0M vs $(19.4)M loss.
- Adjusted EBITDA $53.6M (+46.5%); Adjusted EPS $0.22 vs $0.16.
- Raised FY2022 guidance: rev $820-835M, Adj EBITDA $253-259M, Adj Net Income $157-161M.
- Promoted Joelle Smith to President, Data, Tech & Exp; salary $460K + equity $5.2M.