First Advantage Q3 net loss $8.9M; closed Sterling Oct 31; maintains FY24 guidance

FIRST ADVANTAGE CORP

2024-Q3 EPS reported -$0.07 revenue$553,081,000

Q3 revenue $199.1M (-0.6% YoY); net loss $8.9M includes $13.2M Sterling acquisition costs.
Adjusted EBITDA $64.0M (32.2% margin); adjusted diluted EPS $0.26.
Closed Sterling acquisition on Oct 31; actioned >$10M in run-rate cost synergies.
FY24 standalone guidance: rev $750M-$800M, adj. EBITDA $228M-$248M, adj. EPS $0.88-$0.98.
Combined co. guidance including Sterling Nov-Dec: rev $858M-$918M, adj. EBITDA $250M-$274M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.