secwatch.observer — SEC 8-K summary
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Issuer:     Advantage Solutions Inc. (ADV)
CIK:        0001776661
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001193125-25-268048
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advantage Solutions Q3 net income $21M vs loss; cuts FY Adj EBITDA outlook
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- Q3 revenue $915M (-2.6% YoY); net income $21M vs loss $37M a year ago.
- Adjusted EBITDA $100M (-1.4% YoY); margin up 20bps to 10.9%; experiential services drove growth.
- Experiential Services revenue +10.2% to $378M, adjusted EBITDA +51.6% to $35M; branded services -12.8%.
- Generated $98M adjusted unlevered free cash flow; cash $201M; net leverage 4.4x.
- FY2025 outlook: revenue down low-single-digit to flat; Adj EBITDA down mid-single digits, modestly lowered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776661/000119312525268048/0001193125-25-268048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776661/000119312525268048/adv-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-268048

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