ATLANTA, Oct. 16, 2025 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of global software and data in the HR technology industry, will issue its third quarter 2025 financial results on Thursday, November 6, 2025 prior to the Company’s earnings conference call, which will be held at 8:30 a.m. ET on the same day. Conference Call Details To participate in the conference call, please dial 800-579-2543 (domestic) or 785-424-1789 (international) approximately ten minutes before th ...

ATLANTA, Oct. 14, 2025 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of global software and data in the HR technology industry, has been included in Newsweek’s World’s Most Trustworthy Companies 2025 list. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. Trust is vital for companies as it fosters customer loyalty, strengthens brand reputation, boosts employee morale, and builds investor c ...

Core Insights - The staffing industry is evolving rapidly due to digital innovation, demographic changes, and the demand for flexible work arrangements, making effective staffing essential for companies to remain competitive and agile [2][3] Industry Overview - The staffing ecosystem has transformed, with organizations seeking strategic partners who understand talent needs and market trends, utilizing AI-enabled recruitment tools and talent analytics for smarter hiring decisions [2] - The global competition for talent is intensifying, increasing the value of adaptable and tech-savvy staffing firms, which are now seen as growth enablers rather than mere support functions [3] Investment Opportunities - The staffing sector presents compelling investment opportunities, with companies like Workday, Inc. (WDAY), First Advantage Corporation (FA), and Barrett Business Services (BBSI) positioned as key players in workforce transformation [4] - As hiring accelerates and labor markets evolve, staffing companies are at the forefront, providing scalable solutions that drive economic growth and long-term value creation [4] Company Highlights - Workday is focusing on AI-driven innovation and global expansion, raising its fiscal 2026 guidance to $8.815 billion in subscription revenue, reflecting strong demand and operational discipline [7] - First Advantage Corporation has shown solid financial performance, meeting high-end projections and experiencing positive momentum in international markets, particularly in its Digital Identity solutions [8][9] - Barrett Business Services combines HR outsourcing with professional management consulting, emphasizing personalized client interactions and local market expertise, which supports its sustained growth [10][11][12]

Group 1 - The current employment market is experiencing significant changes, with job number revisions and rate cuts being prominent topics of discussion [1] - The company utilizes BLS JOLTS data but questions its accuracy, preferring insights from customer feedback and order volumes [1] - Customer feedback and order volumes indicate a different narrative compared to the mainstream media and JOLTS data [1]

Group 1 - The current employment market is experiencing significant changes, with job number revisions and rate cuts being prominent topics of discussion [1] - The company utilizes BLS JOLTS data but questions its accuracy, preferring insights from customer feedback and order volumes [1] - Customer feedback and order volumes indicate a different narrative compared to the mainstream media and JOLTS data [1]

Summary of Conference Call Company Overview - The conference call features First Advantage, with CEO Scott Staples and CFO Steven Marks discussing the company's performance and outlook in the employment services industry [1][2]. Industry Insights - The current job market is described as flat, with no significant peaks or valleys in hiring or layoffs. Clients are engaging in just-in-time hiring rather than growth hiring [3][4][5]. - Earnings for companies remain strong, leading to continued demand for products and services, which supports the flat job market outlook [5][6]. - International demand has shown growth, particularly in the healthcare sector, although some segments like hospital networks are sluggish due to funding uncertainties [9][10]. Financial Performance and Projections - Base growth is expected to be negative for the year, with a slight improvement anticipated in the second half, influenced by external factors such as tariffs and policy changes [13][14]. - Long-term targets for base growth are projected at 2-3%, with expectations of a neutral state in the next 18 months due to ongoing policy noise [17][18]. - International growth was reported at over 7% last quarter, indicating optimism for future performance [18]. AI and Technology Impact - AI is expected to create jobs in the short term as industries adapt, but certain sectors like BPO and IT services may face long-term impacts [21][22]. - First Advantage has implemented AI in customer care, resulting in a 30% reduction in headcount, with plans for further optimization [25][29]. - The company is focused on using AI to enhance quality and customer experience rather than immediate cost savings [30]. Growth Strategies - First Advantage aims for 4-5% growth from new logos, leveraging its strong brand and complementary verticals from the Sterling acquisition [38][39]. - Upsell and cross-sell opportunities are driven by increased demand for risk management and security in employment background checks, particularly in response to rising fraud concerns [54][56]. - The integration of digital identity solutions with I-9 processes is highlighted as a unique offering that addresses current market needs [62][63]. Capital Allocation and Future Plans - The company is focused on completing the integration of Sterling, achieving synergy targets, and deleveraging its balance sheet [64][65]. - First Advantage plans to maintain a conservative approach to M&A, prioritizing debt reduction over new acquisitions in the near term [69][70]. Key Metrics - Retention rate is a key performance indicator, with a target of over 96% [64]. - The company is currently free cash flow positive and has already prepaid $45 million of its debt [65]. This summary encapsulates the key points discussed during the conference call, providing insights into First Advantage's current position, industry dynamics, and strategic direction.

TORONTO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) is pleased to report the results of its Annual General and Special Meeting (the “Meeting”) of shareholders held on Thursday, September 4, 2025. All proposed resolutions, as set forth in the notice of meeting and management information circular of the Company dated July 28, 2025 (the “Information Circular”), were approved by shareholders. At the Meeting, the shareholders re-elected Paul Kelly (chairman), ...

Company Overview - First Advantage is a leader in the HR tech and data space, focusing on managing customer risk related to onboarding and human capital [6]. - The company specializes in background screening services, helping clients validate their hiring processes [6]. Recent Developments - There has been renewed interest in the space, particularly as First Advantage marks four years since going public and has undergone significant transformation, including the acquisition of Sterling [3][4].

Summary of First Advantage (FA) 2025 Conference Call Company Overview - **Company**: First Advantage - **Industry**: HR technology and data services, specifically in background screening and risk management [6][8] Key Points and Arguments 1. **Market Position**: First Advantage is a leader in the HR tech space, focusing on managing customer risks related to onboarding and human capital [6][8] 2. **Service Evolution**: The company has evolved from traditional background checks to a broader "know your people" approach, emphasizing digital identity and compliance [7][8] 3. **Complexity in Background Screening**: The background screening process is complicated due to the existence of nearly 4,000 unique court jurisdictions in the U.S. that do not communicate with each other [11][12] 4. **Volume of Checks**: First Advantage and Sterling conducted over 190 million checks last year, with turnaround times of one day or less [13] 5. **Investment in Technology**: The company invests approximately $130 million annually in product technology and innovation to automate and refine data acquisition processes [13][19] 6. **Just-in-Time Hiring**: Corporations are increasingly adopting just-in-time hiring practices, requiring efficient screening processes to onboard employees quickly [14][15] 7. **Mobile Experience**: The majority of background checks are now completed via mobile devices, reflecting changing applicant expectations [16] 8. **Data Ownership**: First Advantage owns over 900 million records, which allows for better margin control and competitive advantages [20][26] 9. **Cross-Selling Opportunities**: The integration of Sterling has opened up cross-selling opportunities, such as offering tax credit services to Sterling's customer base [46][48] 10. **Post-Employment Monitoring**: The company is expanding its services in post-employment monitoring, particularly in transportation and healthcare sectors [33][34] 11. **Market Trends**: The company is seeing a shift in customer needs towards more comprehensive risk management solutions, including digital identity verification [62][65] 12. **New Logo Growth**: The merger with Sterling has enhanced First Advantage's ability to attract new clients, with a focus on vertical integration and sales productivity [84][88] 13. **Base Growth Dynamics**: The company has experienced fluctuations in base growth due to market conditions but is seeing stabilization in recent quarters [90][92] 14. **Vertical Diversification**: The acquisition of Sterling has provided greater vertical diversification, particularly in healthcare and financial services [98][99] 15. **Capital Allocation Strategy**: First Advantage is focused on organic growth and integration synergies post-acquisition, with plans to explore inorganic growth strategies once leverage targets are met [100][102] Additional Important Content - **Customer Retention**: The company has maintained a customer retention rate of over 96%, indicating strong client satisfaction and loyalty [42][88] - **Regulatory Compliance**: There is a growing emphasis on compliance and monitoring in regulated industries, which presents opportunities for First Advantage's services [34][60] - **Technological Risks**: The rise of digital identity fraud and the need for robust verification processes are becoming critical issues for companies, creating demand for First Advantage's solutions [63][64] - **Future Outlook**: The company is optimistic about growth in digital identity solutions and anticipates a significant increase in demand for these services in the coming years [74][82]

Group 1 - The event is focused on Credit Bureau Day, featuring First Advantage, which is currently integrating following a significant merger [2] - The management team present includes CEO Scott Staples, CFO Steven Marks, and IR Stephanie Gorman [2] - The format of the event is a fireside chat, allowing for audience questions to be incorporated into the discussion [3]