{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-056174","form_type":"8-K","ticker":"FA","cik":"0001210677","company_name":"FIRST ADVANTAGE CORP","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.580548+00:00","generated_at":"2026-06-02T04:58:17.557558+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"First Advantage Q1 revenue $169.4M, net loss $(2.9)M; reaffirms FY2024 guidance","bullets":["Revenues of $169.4M, down 3.5% YoY from $175.5M.","GAAP net loss $(2.9)M vs net income $1.9M prior year; includes $11.1M Sterling acquisition costs.","Adjusted EBITDA $46.6M (27.5% margin); Adjusted diluted EPS $0.17.","Reaffirmed FY2024 guidance: rev $750-800M, adj. EBITDA $228-248M, adj. EPS $0.88-$0.98.","Sterling acquisition progressing; integration committee formed, regulatory reviews underway."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-056174","json":"https://secwatch.observer/filing/0000950170-24-056174.json","markdown":"https://secwatch.observer/filing/0000950170-24-056174.md","text":"https://secwatch.observer/filing/0000950170-24-056174.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1210677/000095017024056174/0000950170-24-056174-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1210677/000095017024056174/fa-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T04:58:17.557558+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"30bb3a216db8abe8efc734caf9872a103ca40b60","claim":"FIRST ADVANTAGE CORP reported Quarter ended March 31, 2024 results: revenue 169.4, net income -2.9, EPS -0.02.","evidence_excerpt":"for the first quarter ended March 31, 2024. Key Financials (Amounts in millions, except per share data and percentages) Three Months Ended March 31, 2024 2023 Change Revenues $ 169.4 $ 175.5 (3.5 )% (Loss) income from operations $ (0.7 ) $ 11.3 NM Net (loss) income $ (2.9 ) $ 1.9 NM Net (loss) income margin (1.7 )% 1.1 % NA Diluted net (loss) income per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1210677/000095017024056174/0000950170-24-056174-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Quarter ended March 31, 2024"},{"label":"Revenue","value":"169.4"},{"label":"Net income","value":"-2.9"},{"label":"EPS","value":"-0.02"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}