---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-124503"
form_type: "8-K"
ticker: "FA"
cik: "0001210677"
company_name: "FIRST ADVANTAGE CORP"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:34:43.565513+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-124503
- form_type: 8-K
- ticker: FA
- cik: 0001210677
- company_name: FIRST ADVANTAGE CORP
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210677/000095017024124503/0000950170-24-124503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210677/000095017024124503/fa-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-124503
- JSON: https://secwatch.observer/filing/0000950170-24-124503.json
- Plain text: https://secwatch.observer/filing/0000950170-24-124503.txt

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