First Advantage FY2022 revenue record $810M (+13.7%); guides FY2023 revenue -5% to 0%

FIRST ADVANTAGE CORP

2022-FY EPS reported $0.43 revenue$810,023,000

FY2022 revenue record $810.0M, +13.7% YoY; net income $64.6M (+302.5%); cash from ops $212.8M (+43.1%).
Q4 2022 revenue flat at $212.6M; net income $20.1M (+30.9%); Adjusted EBITDA $70.3M (+1.2%).
2023 guidance: revenue $770-810M (-5% to 0% YoY); Adjusted EBITDA $240-255M; Adjusted EPS $1.00-$1.07.
Board increased share repurchase authorization by $50M to total $150M through Dec 2023; $75.7M repurchased YTD.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FIRST ADVANTAGE CORP reported Full Year 2022 results: revenue $810.0 million, net income $64.6 million.

Period: Full Year 2022
Revenue: $810.0 million
Net income: $64.6 million
Result: reported results

Exact text from the filing

Cash Flows from Operations; Introduces 2023 Guidance Full Year 2022 Highlights (All results compared to prior-year period unless otherwise noted) • Generated record Revenues of $810.0 million, an increase of 13.7%; Constant Currency Revenues 1 were $820.3 million, an increase of 15.2% • Delivered Net Income of $64.6 million, an increase of 302.5% • Produced Adjusted

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FIRST ADVANTAGE CORP reported Full Year 2023 results: revenue $770 million to $810 million, EPS $1.00 to $1.07. Guidance initiated.

Period: Full Year 2023
Revenue: $770 million to $810 million
EPS: $1.00 to $1.07
Guidance: initiated
Result: guidance update

Exact text from the filing

Introducing full year 2023 guidance ranges for Revenues of $770 million to $810 million, Adjusted EBITDA of $240 million to $255 million, Adjusted Net Income of $145 million to $155 million, and Adjusted Diluted Earnings Per Share of $1.00 to $1.07

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FIRST ADVANTAGE CORP reported Fourth Quarter 2022 results: revenue $212.6 million, net income $20.1 million.

Period: Fourth Quarter 2022
Revenue: $212.6 million
Net income: $20.1 million
Result: reported results

Exact text from the filing

• Generated Revenues of $212.6 million; Constant Currency Revenues 1 were $216.3 million • Delivered Net Income of $20.1 million

View on SEC.gov

Browse all earnings releases →

FIRST ADVANTAGE CORP filing history →

Source: SEC EDGAR

accession 0000950170-23-004824

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.