secwatch.observer — SEC 8-K summary
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Issuer:     FIRST ADVANTAGE CORP (FA)
CIK:        0001210677
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0000950170-25-028322
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Advantage reports Q4 2024 net loss of $100.4M; completed Sterling acquisition; issues 2025 guidance
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- FY2024 revenues $860.2M, net loss $(110.3)M (incl. $130.5M Sterling acquisition costs); Adj. EBITDA $249.3M, Adj. EPS $0.82.
- Q4 revenues $307.1M, net loss $(100.4)M; Adj. EBITDA $82.9M, Adj. EPS $0.18.
- Completed Sterling acquisition on Oct 31, 2024; raised cost synergy target to $60-70M from $50-70M, $20M already actioned.
- FY2025 guidance: revenues $1.5-1.6B, Adj. EBITDA $410-450M, Adj. EPS $0.86-1.03.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210677/000095017025028322/0000950170-25-028322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210677/000095017025028322/fa-20250227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-028322

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer