secwatch.observer — SEC 8-K summary
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Issuer:     FIRST ADVANTAGE CORP (FA)
CIK:        0001210677
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0000950170-22-009121
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Advantage Q1 revenues up 43.8% to $189.9M; raises FY2022 guidance; promotes Joelle Smith to President
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210677/000095017022009121/0000950170-22-009121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210677/000095017022009121/fa-20220511.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-009121

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