Highest-materiality recent filing
Q2 revenue $448.8M (+14.9% YoY); net income $16.9M; adjusted EBITDA $128.5M (28.6% margin); adjusted diluted EPS $0.35.
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.
Specified stockholders owning 52.8% of Sterling delivered written consent; no further stockholder vote required.
First Advantage to buy Sterling Check for $2.2B; posts Q4/FY23 results
Acquisition valued at $2.2B inclusive of Sterling debt; $16.73/share cash or 0.979 FA shares, a 35% premium to Sterling's Feb 28 close.
First Advantage Q3 revenue $200.4M (-2.7% YoY); adj EPS $0.28; FY guidance at low end
Revenue $200.4M (-2.7% YoY); net income $10.8M (-37.4%); GAAP diluted EPS $0.07.
First Advantage extends $200M share repurchase authorization through Dec 2024
Board extended $200M share repurchase authorization by one year to December 31, 2024.
First Advantage Q2 revenue $185.3M; board declares $1.50 special dividend
Revenue $185.3M (-8.1% YoY); net income $9.8M (-31.3%); Adjusted EBITDA $56.0M (-8.0%).
First Advantage FY2022 revenue record $810M (+13.7%); guides FY2023 revenue -5% to 0%
FY2022 revenue record $810.0M, +13.7% YoY; net income $64.6M (+302.5%); cash from ops $212.8M (+43.1%).
First Advantage Q3 revenue up 6.8% to $206M; guides FY2022 lower on FX and demand softness
Revenue $206.0M (+6.8% YoY); net income $17.2M (+5.7%).
Revenue $201.6M (+15.3% YoY); net income $14.2M (+277.6% YoY); net income margin 7.1%.
Revenue $189.9M (+43.8% YoY); net income $13.0M vs $(19.4)M loss.
First Advantage Q4 revenue $212.5M (+36% YoY), net income $15.4M vs loss; guides FY22 rev $813-828M
Q4 revenues $212.5M (+35.8% YoY); net income $15.4M vs net loss $(5.9M) in prior year.
First Advantage Q3 revenue $192.9M (+41% YoY); raises FY guidance; announces two acquisitions
Net income of $16.3M vs loss of $3.5M a year ago; adjusted EPS $0.28 vs $0.17.
First Advantage Q2 revenue up 66.5% to $174.8M; net income $3.8M vs loss
Revenue $174.8M (+66.5% YoY); net income $3.8M vs net loss of $16.4M.
First Advantage Q2 revenue $174.8M (+66.5% YoY); net income $3.8M vs loss, raises FY2021 guidance
Revenue $174.8M, up 66.5% YoY; net income $3.8M vs net loss of $16.4M.
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.
elected Bridgett R. Price to fill the vacancy so created, both effective June 17, 2022.
On May 11, 2022, the Board of Directors of the Company appointed Joelle M. Smith as President, Data, Technology, and Experience, effective May 11, 2022.
On March 3, 2022, the Board of Directors of First Advantage Corporation (the “Company”) appointed Steven Marks as Chief Accounting Officer, effective February 28, 2022.
Max materiality 0.92 · Median 0.70 · Most common event earnings