---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-038311"
form_type: "8-K"
ticker: "ADV"
cik: "0001776661"
company_name: "Advantage Solutions Inc."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T06:12:33.808843+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Advantage Solutions Q2 rev +5.7% to $1.04B; net loss $7.8M; reaffirms FY Adj EBITDA guidance $400-420M

## Summary
- Revenue $1.04B, up 5.7% YoY; Marketing segment +16.0% to $437M, Sales -0.7% to $600M.
- Net loss $7.8M vs net income $3.7M YoY; operating income $22.3M vs $28.3M.
- Adjusted EBITDA $104.2M, down 3.8% YoY; margin ~100bps decline.
- Voluntarily repurchased $52.4M of term loan at discount; net leverage 4.3x.
- Reaffirmed FY2023 Adj EBITDA guidance of $400M-$420M, including divestiture impact.

## SEC filing metadata
- accession: 0000950170-23-038311
- form_type: 8-K
- ticker: ADV
- cik: 0001776661
- company_name: Advantage Solutions Inc.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000095017023038311/0000950170-23-038311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000095017023038311/adv-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-038311
- JSON: https://secwatch.observer/filing/0000950170-23-038311.json
- Plain text: https://secwatch.observer/filing/0000950170-23-038311.txt

## Key facts
- Earnings Releases
  Advantage Solutions Inc. reported second quarter ended June 30, 2023 results: revenue $1,037.1 million, net income Net loss in the quarter was $7.8 million. Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $1,037.1 million
  - Net income: Net loss in the quarter was $7.8 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: % Sales $ 63,678 $ 71,753 $ (8,075) (11.3)% Marketing 40,534 36,569 3,965 10.8% Total Adjusted EBITDA $ 104,212 $ 108,322 $ (4,110) (3.8)% • Revenues for the second quarter were $1,037.1 million, up $56.0 million, or 5.7%, from second quarter 2022 revenues of $981.1 million. Excluding the impact of unfavorable foreign exchange rates and acquisitions / divestitures,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000095017023038311/0000950170-23-038311-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.