Workflow
First Advantage Reports Third Quarter 2024 Results
FAFirst Advantage(FA) GlobeNewswire News Room·2024-11-12 11:30

Third Quarter 2024 Highlights1 Revenues of 199.1millionNetLossof199.1 millionNet 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 millionAdjusted EBITDA of 64.0million;AdjustedEBITDAMarginof32.264.0 million; Adjusted EBITDA Margin of 32.2%GAAP Diluted Net Loss Per Share of (0.06), includes 0.07pershareofexpensesincurredrelatedtotheSterlingacquisitionAdjustedDilutedEarningsPerShareof0.07 per share of expenses incurred related to the Sterling acquisitionAdjusted Diluted Earnings Per Share of 0.26Cash Flows from Opera ...