{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-022840","form_type":"8-K","ticker":"FA","cik":"0001210677","company_name":"FIRST ADVANTAGE CORP","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.860354+00:00","generated_at":"2026-06-22T02:57:36.697257+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Advantage Q3 revenue up 6.8% to $206M; guides FY2022 lower on FX and demand softness","bullets":["Revenue $206.0M (+6.8% YoY); net income $17.2M (+5.7%).","Adjusted EBITDA $64.2M (+0.4%); adjusted net income $40.0M (-5.1%) YoY.","Share repurchase program increased by $100M to $150M total, extended through Dec 31, 2023; $21.6M used for 1.6M shares.","Full year 2022 revenue guidance revised to $813-820M (from $823-835M); adjusted EBITDA now $247-251M.","Cash from operations $46.4M (+67.2%); cash $390.3M, net debt $174.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-022840","json":"https://secwatch.observer/filing/0000950170-22-022840.json","markdown":"https://secwatch.observer/filing/0000950170-22-022840.md","text":"https://secwatch.observer/filing/0000950170-22-022840.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1210677/000095017022022840/0000950170-22-022840-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1210677/000095017022022840/fa-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T02:57:36.697257+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2fb37deea205da110009a497db262bb48031c689","claim":"FIRST ADVANTAGE CORP reported third quarter ended September 30, 2022 results: revenue $206.0 million, net income $17.2 million. Guidance lowered.","evidence_excerpt":"Exhibit 99.1 First Advantage Reports Third Quarter 2022 Results Third Quarter 2022 Highlights (All results compared to prior-year period unless otherwise noted) • Revenues were $206.0 million, an increase of 6.8%, compared to $192.9 million; Constant Currency Revenues 1 were $209.4 million, an increase of 8.6% • Net income was $17.2 million, an increase of 5.7%,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1210677/000095017022022840/0000950170-22-022840-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$206.0 million"},{"label":"Net income","value":"$17.2 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}