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First Advantage: Q1 Earnings Snapshot

First Advantage: Q1 Earnings Snapshot

By AP News
Published - May 10, 2023, 06:18 AM ET
Last Updated - Jun 21, 2023, 09:13 PM EDT

ATLANTA (AP) — ATLANTA (AP) — First Advantage Corp. (FA) on Wednesday reported first-quarter net income of $1.9 million.

On a per-share basis, the Atlanta-based company said it had profit of 1 cent. Earnings, adjusted for non-recurring costs, were 19 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The provider of background screening services posted revenue of $175.5 million in the period.

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