secwatch.observer — SEC 8-K summary
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Issuer:     FIRST ADVANTAGE CORP (FA)
CIK:        0001210677
Form:       8-K
Filed at:   2026-08-06T10:00:40+00:00
Accession:  0001193125-26-336358
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Advantage Q2 revenue $448.8M (+14.9% YoY), raises FY2026 guidance; appoints Sharon Binger to board
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- Q2 revenue $448.8M (+14.9% YoY); net income $16.9M; adjusted EBITDA $128.5M (28.6% margin); adjusted diluted EPS $0.35.
- Raises FY2026 guidance: revenue $1.67-1.71B, adjusted EBITDA $472-486M, adjusted EPS $1.23-1.29.
- Voluntary debt prepayments: $25M in May, $45M in Aug; $18.7M share repurchases in Q2 under $100M program.
- Appoints Sharon Binger (Silver Lake employee) to Board as Class I director, effective Aug 6, 2026; board now nine.
- 20 enterprise bookings in Q2; strong demand in transportation, retail, industrials, and staffing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210677/000119312526336358/0001193125-26-336358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210677/000119312526336358/fa-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-336358

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