---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-093275"
form_type: "8-K"
ticker: "FA"
cik: "0001210677"
company_name: "FIRST ADVANTAGE CORP"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:42:20.655607+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Advantage reports Q2 2024 revenue of $184.5M, announces CFO retirement and reaffirms guidance

## Summary
- Revenue of $184.5M and net income of $1.9M for Q2 2024, with adjusted EBITDA margin of 30.2%.
- David L. Gamsey to retire as EVP and CFO, effective November 8, 2024; Steven Marks named successor.
- Acquisition of Sterling Check Corp. expected to close in Q4 2024, with integration planning underway.
- Full-year 2024 guidance reaffirmed: revenue $750M-$800M, adjusted EBITDA $228M-$248M.
- Cash and cash equivalents $269.6M, total debt $564.7M as of June 30, 2024.

## SEC filing metadata
- accession: 0000950170-24-093275
- form_type: 8-K
- ticker: FA
- cik: 0001210677
- company_name: FIRST ADVANTAGE CORP
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210677/000095017024093275/0000950170-24-093275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210677/000095017024093275/fa-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-093275
- JSON: https://secwatch.observer/filing/0000950170-24-093275.json
- Plain text: https://secwatch.observer/filing/0000950170-24-093275.txt

## Key facts
- Executive change
  David L. Gamsey retired as Executive Vice President and Chief Financial Officer at FIRST ADVANTAGE CORP.
  - Action: retired
  - Role: Executive Vice President and Chief Financial Officer
  source text: On August 5, 2024, David L. Gamsey notified the Company of his intent to retire from his position as Executive Vice President and Chief Financial Officer, effective November 8, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210677/000095017024093275/0000950170-24-093275-index.htm
- Executive change
  Steven Marks was appointed as Executive Vice President and Chief Financial Officer at FIRST ADVANTAGE CORP.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: on August 8, 2024, the Company announced that Steven Marks, age 38, will succeed Mr. Gamsey as Executive Vice President and Chief Financial Officer and serve as principal financial officer, in addition to continuing to serve as principal accounting officer, effective November 8, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210677/000095017024093275/0000950170-24-093275-index.htm

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