Highest-materiality recent filing
First Advantage Q1 revenue up 8.6% to $385.2M, adjusted EPS $0.26, reaffirms FY2026 guidance
Revenue $385.2M (+8.6% YoY); net income $2.2M vs $(41.2)M loss in prior year.
First Advantage Q4 2025 revenue $420M; adjusted EPS $0.30; announces $100M buyback
Q4 revenue $420.0M vs $307.1M YoY; net income $3.5M vs loss of $100.4M YoY.
Q3 revenue $409.2M, net income $2.6M ($0.01 diluted EPS); adjusted net income $52.3M ($0.30 adjusted EPS).
First Advantage Q2 revenue $390.6M, adj EPS $0.27; reaffirms FY2025 guidance
Revenue $390.6M vs $184.5M YoY (includes Sterling); net income $0.3M, GAAP diluted EPS $0.00.
First Advantage Q1 revenue $354.6M, adj. EBITDA $92.1M; reaffirms FY25 guidance
Revenue $354.6M (up from $169.4M YoY, includes Sterling); net loss $(41.2M) includes $15.3M acquisition costs.
FY2024 revenues $860.2M, net loss $(110.3)M (incl. $130.5M Sterling acquisition costs); Adj. EBITDA $249.3M, Adj. EPS $0.82.
First Advantage Q3 net loss $8.9M; closed Sterling Oct 31; maintains FY24 guidance
Q3 revenue $199.1M (-0.6% YoY); net loss $8.9M includes $13.2M Sterling acquisition costs.
First Advantage closes $2.2B Sterling Check acquisition; $2.185B term loan funded
Stockholders received $16.73 cash or 0.979 FA shares; 71% cash / 29% stock proration applied.
First Advantage completes Sterling acquisition; files financial statements
Merger of Merger Sub with and into Sterling completed on October 31, 2024.
First Advantage clears HSR for Sterling deal, expects close Oct 31
HSR waiting period and other regulatory review periods expired for the acquisition of Sterling Check Corp.
First Advantage sets Oct 24 election deadline, expects Oct 31 close for Sterling acquisition
Election deadline 5:00 p.m. ET Oct 24, 2024 for Sterling stockholders to choose cash or stock consideration.
First Advantage reports Q2 2024 revenue of $184.5M, announces CFO retirement and reaffirms guidance
Revenue of $184.5M and net income of $1.9M for Q2 2024, with adjusted EBITDA margin of 30.2%.
First Advantage Q1 revenue $169.4M, net loss $(2.9)M; reaffirms FY2024 guidance
Revenues of $169.4M, down 3.5% YoY from $175.5M.
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”).
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”).
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.
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.
Max materiality 0.90 · Median 0.70 · Most common event earnings