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First Advantage Corp. - FA STOCK NEWS

Welcome to our dedicated news page for First Advantage (Ticker: FA), a resource for investors and traders seeking the latest updates and insights on First Advantage.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Advantage's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Advantage's position in the market.

Rhea-AI Summary
First Advantage (NASDAQ:FA) released its 2024 Global Trends Report, emphasizing the importance of managing risk in background screening programs. The report, based on over 100 million anonymized screening data records and customer surveys, covers trends across various regions and industries. Employers in the United States focus on compliance, candidate experience, and cost efficiency. CEO Scott Staples highlights the shift towards prioritizing risk management in hiring processes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.87%
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Rhea-AI Summary
First Advantage (NASDAQ: FA) will release its first quarter 2024 financial results on May 9, 2024, followed by an investor conference call at 8:30 a.m. ET. Participants can join the call by dialing 800-343-4136 (domestic) or 203-518-9843 (international) with the conference code FA1Q24. The call will be webcast live on the investor relations website. A replay will be available post-call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
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Rhea-AI Summary
First Advantage Corporation introduces its next-gen RightID™ identity fraud solution for U.S. employers, leveraging AI and machine learning to flag inconsistencies in applicant identities and combat fraud.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
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Rhea-AI Summary
First Advantage Corporation (NASDAQ:FA) acquires Sterling Check Corp. (NASDAQ:STER) for approximately $2.2 billion, enhancing background screening and identity verification solutions across various industries. The transaction is expected to generate at least $50 million in synergies, leading to double-digit EPS accretion and accelerated earnings growth potential. The combined company aims for revenue diversification, operational efficiency, and long-term value creation through innovation and technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.01%
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Rhea-AI Summary
First Advantage Corporation (FA) reports full year 2023 and fourth quarter financial results, introduces full year 2024 guidance, and announces agreement to acquire Sterling Check Corp. The company achieved revenues of $763.8 million in 2023, with net income of $37.3 million. Adjusted EBITDA stood at $237.6 million. The acquisition of Sterling Check Corp., valued at approximately $2.2 billion, is expected to drive double-digit EPS accretion and synergies of at least $50 million. The transaction is anticipated to close in the third quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.01%
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Rhea-AI Summary
First Advantage Corporation (NASDAQ: FA) will release its fourth quarter and full year 2023 financial results on February 29, 2024. The earnings conference call will be held at 8:30 a.m. ET on the same day. Participants can join the call by dialing 800-267-6316 (domestic) or 203-518-9843 (international) and mentioning the conference code FA4Q23. The call will also be webcast live on the Company’s investor relations website. A replay of the webcast will be available after the conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
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Rhea-AI Summary
First Advantage Corporation (NASDAQ: FA) announced that Johnny C. Taylor, Jr., President and CEO of the Society for Human Resource Management (SHRM), will be the keynote speaker at its annual Collaborate conference. The event will take place on April 17 – 19 at the Aria Resort & Casino in Las Vegas. Taylor will present on “Embracing AI in HR,” discussing the impact of AI on the HR community and ways to improve outcomes. First Advantage Americas President Joe Jaeger expressed excitement for Taylor's return, highlighting his keen insight and understanding of the HR landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
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Rhea-AI Summary
First Advantage Corporation (NASDAQ: FA) announced third-quarter financial results, including revenues of $200.4 million and net income of $10.8 million. The company also acquired Infinite ID for $41 million and extended its share repurchase program through December 2024. The full-year 2023 guidance remains at $770 million - $810 million in revenues, $240 million - $255 million in adjusted EBITDA, and $1.00 - $1.07 in adjusted diluted earnings per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
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Rhea-AI Summary
First Advantage Corporation (NASDAQ: FA) will participate in investor conferences in November and December, including RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 15, J.P. Morgan Ultimate Services Investor Conference on November 16, and Wolfe Research First Annual Small and Mid-Cap Conference on December 6. Live webcasts of the fireside chats will be available on the First Advantage investor relations website.
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Rhea-AI Sentiment
End-of-Day
0.91%
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conferences
Rhea-AI Summary
First Advantage Corporation to release Q3 2023 financial results on November 9, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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First Advantage Corp.

Nasdaq:FA

FA Rankings

FA Stock Data

2.25B
50.30M
3.71%
99.72%
2.94%
Human Resources Consulting Services
Professional, Scientific, and Technical Services
Link
United States
Atlanta

About FA

first advantage delivers comprehensive background check solutions and insights that enable employers and housing providers to make confident choices, reduce risk, and maintain compliance. with offices in 26 locations and a staff of 4,000+ employees, first advantage leverages leading technology and the industry’s largest global capabilities to complete background checks in 200+ countries and territories. if you’re looking for employee or tenant background check solutions that enable fast and reliable decision making, we’re your first advantage. for more detailed information on first advantage products and services, visit fadv.com.