earnings
confidence high
sentiment neutral
materiality 0.65
First Advantage Q3 revenue $200.4M (-2.7% YoY); adj EPS $0.28; FY guidance at low end
FIRST ADVANTAGE CORP
2023-Q3 EPS reported
$0.15
revenue$561,199,000
- Revenue $200.4M (-2.7% YoY); net income $10.8M (-37.4%); GAAP diluted EPS $0.07.
- Adjusted EBITDA $64.8M (+0.9%), margin 32.3%; adj diluted EPS $0.28 (+7.7%); operating cash flow $34.4M.
- Paid special dividend of $1.50/share ($217.7M) on Aug 31, and acquired Infinite ID for $41M on Sep 1.
- Extends share repurchase program through Dec 2024; full-year 2023 guidance reaffirmed at low end of ranges.