---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-059749"
form_type: "8-K"
ticker: "ADV"
cik: "0001776661"
company_name: "Advantage Solutions Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T16:44:56.344956+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Advantage Solutions Q3 revenue $1.1B, net loss $22.6M; sees FY adj EBITDA upper end of $400-420M

## Summary
- Revenue $1,096M, +4.3% YoY; Marketing segment +15.5%, Sales -2.7%.
- Net loss $22.6M vs net income $23.2M; operating income $16.0M vs $46.8M.
- Adjusted EBITDA $113.1M, -4.3% YoY; FY2023 guidance raised to upper end of $400-420M.
- Repurchased $56.8M of term loan at discount; net leverage ~4.2x.
- Restructuring into three segments; divestiture of Atlas Technology Group.

## SEC filing metadata
- accession: 0000950170-23-059749
- form_type: 8-K
- ticker: ADV
- cik: 0001776661
- company_name: Advantage Solutions Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000095017023059749/0000950170-23-059749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000095017023059749/adv-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-059749
- JSON: https://secwatch.observer/filing/0000950170-23-059749.json
- Plain text: https://secwatch.observer/filing/0000950170-23-059749.txt

## Key facts
- Earnings Releases
  Advantage Solutions Inc. reported three months ended September 30, 2023 results: revenue $1,096.1 million, net income Net loss in the quarter was $22.6 million. Guidance reaffirmed.
  - Period: three months ended September 30, 2023
  - Revenue: $1,096.1 million
  - Net income: Net loss in the quarter was $22.6 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Revenues for the third quarter were $1,096.1 million, up $45.0 million, or 4.3%, from third quarter 2022 revenues of $1,051.1 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000095017023059749/0000950170-23-059749-index.htm

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