other material
confidence high
sentiment neutral
materiality 0.50
Advantage Solutions realigns segments into Branded, Experiential, Retailer; provides recast historical data
Advantage Solutions Inc.
- Effective Jan 1, 2024, new reportable segments: Branded Services, Experiential Services, Retailer Services.
- Recast quarterly revenue, operating income, Adjusted EBITDA for new segments for 2022–2024 included.
- Q2 2024 continuing ops revenue $873M; operating loss $91.3M; Adjusted EBITDA $89.9M.
- Discontinued operations reclassified for businesses sold or held for sale as of Mar 31 and Jun 30, 2024.
- Management continues to evaluate further simplification to focus on core businesses.