Advantage Solutions(US:ADV) Globenewswireยท2025-08-07 11:00Core Insights - Advantage Solutions Inc. reported a slight increase in revenues for Q2 2025, totaling $874 million, compared to $873 million in Q2 2024, while significantly reducing its net loss from $113 million to $30 million, marking a 73.1% improvement [3][7][24] - The company is advancing its transformation initiatives to enhance AI capabilities and improve business insights, expecting stronger financial performance and cash generation in the second half of the year [1][5] - Advantage Solutions reaffirmed its 2025 guidance, indicating confidence in its operational execution and market conditions [1][5] Financial Performance - Total revenues for the six months ended June 30, 2025, were $1.695 billion, down 2.3% from $1.735 billion in the same period of 2024 [3][7] - Adjusted EBITDA for Q2 2025 was $86 million, a decline of 3.9% from $89.9 million in Q2 2024, with an adjusted EBITDA margin of 9.9% [3][7][24] - The company maintained a strong balance sheet with $103 million in cash and received an additional $23 million related to deferred purchase price installments [7] Operational Highlights - The company resolved staffing shortages from Q1, leading to improved execution and performance in Q2 [5][7] - Strategic investments in IT and capabilities are ongoing to enhance services for clients [7] - The company expects adjusted unlevered free cash flow conversion to exceed 50% of adjusted EBITDA for 2025 [8] 2025 Guidance - The revenue outlook for 2025 is expected to be flat to low single digits down, with adjusted EBITDA also projected to decline in a similar range [8] - Net interest expense is anticipated to be between $140 million and $150 million, with capital expenditures projected at $50 million to $60 million [8]