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First Advantage(FA) - 2024 Q3 - Quarterly Results
FAFirst Advantage(FA)2024-11-12 11:30

Exhibit 99-1 First Advantage Reports Third Quarter 2024 Results Completed Acquisition of Sterling on October 31; Maintains Standalone Full-Year 2024 Guidance and Issues Combined Company Guidance including Sterling Third Quarter 2024 Highlights 1 • Revenues of 199.1millionNetLossof199.1 million • Net Loss of (8.9) million, a net loss margin of (4.4)%, includes 13.2millionofexpensesincurredrelatedtotheacquisitionofSterlingCheckCorp.("Sterling")AdjustedNetIncomeof13.2 million of expenses incurred related to the acquisition of Sterling Check Corp. ("Sterling") • Adjusted Net Income of 38.0 million • Adjusted EBITDA of $64.0 mill ...