---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-061468"
form_type: "8-K"
ticker: "FA"
cik: "0001210677"
company_name: "FIRST ADVANTAGE CORP"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:07:26.536142+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Advantage Q3 revenue $200.4M (-2.7% YoY); adj EPS $0.28; FY guidance at low end

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-061468
- form_type: 8-K
- ticker: FA
- cik: 0001210677
- company_name: FIRST ADVANTAGE CORP
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210677/000095017023061468/0000950170-23-061468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210677/000095017023061468/fa-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-061468
- JSON: https://secwatch.observer/filing/0000950170-23-061468.json
- Plain text: https://secwatch.observer/filing/0000950170-23-061468.txt

## Key facts
- Earnings Releases
  FIRST ADVANTAGE CORP reported third quarter ended September 30, 2023 results: revenue $200.4 million, net income $10.8 million, EPS $0.07. Guidance reaffirmed.
  - Period: third quarter ended September 30, 2023
  - Revenue: $200.4 million
  - Net income: $10.8 million
  - EPS: $0.07
  - Guidance: reaffirmed
  - Result: reported results
  source text: in any such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 First Advantage Reports Third Quarter 2023 Results Third Quarter 2023 Highlights 1 • Generated Revenues of $200.4 million • Delivered Net Income of $10.8 million; Adjusted Net Income was $40.0 million • Produced Adjusted EBITDA of $64.8 million • Realized GAAP Diluted Net Income Per Share of $0.07;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210677/000095017023061468/0000950170-23-061468-index.htm

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