secwatch.observer — SEC 8-K summary
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Issuer:     FIRST ADVANTAGE CORP (FA)
CIK:        0001210677
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0000950170-25-104486
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Advantage Q2 revenue $390.6M, adj EPS $0.27; reaffirms FY2025 guidance
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- Revenue $390.6M vs $184.5M YoY (includes Sterling); net income $0.3M, GAAP diluted EPS $0.00.
- Adjusted EBITDA $113.9M (29.2% margin); Adjusted Diluted EPS $0.27 vs $0.21 YoY.
- Sterling acquisition costs of $7.3M and $41.3M depreciation/amortization included in Q2.
- FY2025 guidance reaffirmed: revenue $1.5B-$1.6B, Adj EBITDA $410M-$450M, Adj EPS $0.86-$1.03.
- Credit facility repriced in July, reducing borrowing rate by 50 bps; $45M+ voluntary debt repayments YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210677/000095017025104486/0000950170-25-104486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210677/000095017025104486/fa-20250807.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-104486

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