First Advantage(US:FA)2025-11-06 13:30Q3 2025 Performance Highlights - Revenues reached $409 million, a 3.8% year-over-year growth assuming the Sterling acquisition occurred on 1/1/2023[20, 22] - Adjusted EBITDA was $118 million, resulting in a 29% Adjusted EBITDA Margin[20] - Adjusted Diluted EPS was $030[20] - Adjusted Operating Cash Flow reached $805 million after adjusting for $81 million of Sterling acquisition and integration costs[22, 52] Synergy Realization and Financial Outlook - $52 million in run rate synergies were actioned as of September 30, 2025[44] - The company is targeting total run rate synergies of $65 million to $80 million within two years post-closing[43, 77] - Full year 2025 revenue guidance is refined to $1535 billion to $1570 billion[61] - Full year 2025 Adjusted EBITDA guidance is refined to $430 million to $440 million, with an approximate 28% margin[61] Strategic Focus and Growth Drivers - Retention reached 97%, up from 96% in Q2[23, 41] - Go-to-market success resulted in combined new logo, upsell, and cross-sell contribution of 9%[41] - The company is focused on FA 50 strategy, actioning best-of-breed product and platform approach to accelerate new logo, upsell and cross-sell, and enhance customer value proposition[17]