secwatch / observer

FIRST ADVANTAGE CORP — fact timeline

Source-grounded facts extracted from FIRST ADVANTAGE CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

FA FIRST ADVANTAGE CORP JSON
Earnings Releases

FIRST ADVANTAGE CORP reported the first quarter ended March 31, 2026 results: revenue $385.2 million, net income $2.2 million, EPS $0.01. Guidance reaffirmed.

“99.1 First Advantage Reports First Quarter 2026 Results Delivers Another Record Quarter and Reaffirms Full Year 2026 Guidance First Quarter 2026 Highlights 1 • Revenues of $385.2 million (8.6% growth year-over-year) • Net income of $2.2 million (0.6% margin); Diluted net income per share of $0.01 • Adjusted EBITDA of $105.3 million (27.3% margin) • Adjusted Net”
Debt Financings

FIRST ADVANTAGE CORP amended revolving credit of $250.0 million with Bank of America, N.A. at 2.25% to 2.75%, based on the first lien ratio, plus SOFR maturing October 31, 2029.

“reduced the interest rate on the $250.0 million revolving credit facility due October 31, 2029 by 0.50% to a range of 2.25% to 2.75%, based on the first lien ratio, plus SOFR”
Debt Financings

FIRST ADVANTAGE CORP amended term loan with Bank of America, N.A. at 2.50% to 2.75%, based on the first lien ratio, plus SOFR maturing October 31, 2031.

“reduced the interest rate on the term loan facility due October 31, 2031 by 0.50% to a range of 2.50% to 2.75%, based on the first lien ratio, plus SOFR”

Joelle M. Smith changed role as President at FIRST ADVANTAGE CORP.

“On September 10, 2024, the Board of Directors of First Advantage Corporation (the “Company”), promoted Ms. Joelle M. Smith, the Company’s current President, Data, Technology, and Experience, to the role of the Company’s President, effective as of September 16, 2024 (the “Effective Date”).”

Joseph Jaeger retired as President, Americas at FIRST ADVANTAGE CORP.

“On August 30, 2024, Joseph Jaeger, President, Americas of First Advantage Corporation (“First Advantage”), notified First Advantage of his intention to retire from such position, effective November 1, 2024 (the “Retirement Date”).”

Steven Marks was appointed as Executive Vice President and Chief Financial Officer at FIRST ADVANTAGE CORP.

“on August 8, 2024, the Company announced that Steven Marks, age 38, will succeed Mr. Gamsey as Executive Vice President and Chief Financial Officer and serve as principal financial officer, in addition to continuing to serve as principal accounting officer, effective November 8, 2024.”

David L. Gamsey retired as Executive Vice President and Chief Financial Officer at FIRST ADVANTAGE CORP.

“On August 5, 2024, David L. Gamsey notified the Company of his intent to retire from his position as Executive Vice President and Chief Financial Officer, effective November 8, 2024.”
Earnings Releases

FIRST ADVANTAGE CORP reported Quarter ended March 31, 2024 results: revenue 169.4, net income -2.9, EPS -0.02.

“for the first quarter ended March 31, 2024. Key Financials (Amounts in millions, except per share data and percentages) Three Months Ended March 31, 2024 2023 Change Revenues $ 169.4 $ 175.5 (3.5 )% (Loss) income from operations $ (0.7 ) $ 11.3 NM Net (loss) income $ (2.9 ) $ 1.9 NM Net (loss) income margin (1.7 )% 1.1 % NA Diluted net (loss) income per share”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.