ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading provider of employment background screening, identity, and verification solutions, will issue its first quarter 2024 financial results on Thursday, May 9, 2024 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 800-343-4136 (domestic) or 203-518-9843 (international) approximately ten minutes ...

ATLANTA, March 11, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading provider of employment background screening, identity, and verification solutions, today announced the availability of its next-gen RightID™ identity fraud solution for U.S. employers, building on the success seen in expanding its digital identity solutions internationally in countries such as the U.K., India, Australia, and Canada. Designed to flag inconsistencies in a job applicant's identity, RightID leverages ...

Two of the biggest names in background screenings are coming together following a period of slowing demand for their services. Shares of First Advantage (FA -7.64%) are down 7% and shares of Sterling Check (STER 26.05%) are up 25% after the two companies announced plans for an industry-reshaping merger.A tough market for all involvedFirst Advantage and Sterling Check both provide third-party screening and verification services for employers and other users. The uncertain economy and a slowdown in hiring has ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-31666 Registrant's telephone number, including area code: (888) 314-9761 Securities registered pursuant to Section 12(b) of the Act: ...

Exhibit 99.1 First Advantage Reports Full Year and Fourth Quarter 2023 Results Introduces Full Year 2024 Guidance Announces Agreement to Acquire Sterling Check Corp. Full Year 2023 Highlights 1 Fourth Quarter 2023 Highlights 1 Standalone First Advantage Full Year 2024 Guidance • Introducing full-year 2024 guidance ranges for Revenues of $750 million to $800 million, Adjusted EBITDA of $228 million to $248 million, Adjusted Net Income of $127 million to $142 million, and Adjusted Diluted Earnings Per Share o ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q3 2023 | | | | | | | | | | | EARNINGS PRESENTATION November 9, 2023 | | | | | | | | | | 2 These forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-31666 First Advantage Corporation (Exact Name of Registrant as Specified in its Charter) | Delaware | 84-3884690 | | --- | -- ...

First Advantage Corporation (NASDAQ:FA) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Stephanie Gorman - Vice President of Investor Relations Scott Staples - Chief Executive Officer David Gamsey - Chief Financial Officer Conference Call Participants Shlomo Rosenbaum - Stifel David Togut - Evercore ISI David Paige - RBC Capital Markets Andrew Steinerman - JPMorgan Stephanie Moore - Jefferies Ronan Kennedy - Barclays Kyle Peterson - Needham Pete Christiansen - Citigroup Opera ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-31666 First Advantage Corporation WASHINGTON, DC 20549 FORM 10-Q (Mark One) If an emerging growth company, indicate by check mark if the registrant has elected not to use t ...

Financial Performance & Outlook - Q1 2023 revenues were $175.5 million, a decrease of 6.4% compared to Q1 2022 on a constant currency basis[54] - Adjusted EBITDA for Q1 2023 was $48.6 million, a decrease of 9.4% compared to Q1 2022, with an Adjusted EBITDA Margin of 27.7%[57] - Adjusted Net Income for the quarter ended March 31, 2023 was $28.364 million, compared to $33.497 million for the quarter ended March 31, 2022[19] - Adjusted Diluted Earnings Per Share declined by 13.6% due to higher interest expense[40] - The company reaffirms full-year 2023 guidance, projecting constant currency revenues between $774 million and $814 million, representing a -4% to +0.5% change[81] - The company reaffirms full-year 2023 guidance, projecting Adjusted EBITDA between $240 million and $255 million, representing a -4% to +2% change[63] - The company reaffirms full-year 2023 guidance, projecting Adjusted Diluted Earnings Per Share between $1.00 and $1.07, representing a -3% to +4% change[82] Business Highlights - The company has 33,000 customers[1] - The company has over 700 million records in proprietary databases[1, 47] - The company's gross retention rate is 97%[26] - The company repurchased 1.9 million shares of common stock for $25.3 million at an average price of $13.50 per share during Q1 2023[60]