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First Advantage: Q1 Earnings Snapshot
By AP News - 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.
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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.
First Advantage expects full-year earnings in the range of $1 to $1.07 per share, with revenue in the range of $770 million to $810 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FA">Zacks stock report on FA at https://www.zacks.com/ap/FA
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