First Advantage Corp Stock Price, News & Analysis

First Advantage Corporation (NASDAQ: FA) announced its participation in key investor events, highlighting its leadership in HR technology solutions. The events include the Evercore ISI 2nd Annual Technology Conference on September 8, 2022, where CEO Scott Staples and CFO David Gamsey will present at 8:45 a.m. ET. Additionally, management will engage in meetings at Citi’s 2022 Global Technology Conference on September 9 and Barclays Global Financial Services Conference on September 13. First Advantage serves over 33,000 customers globally, screening in over 200 countries.

First Advantage Corporation (NASDAQ: FA) reported strong financial results for Q2 2022, with revenues of $201.6 million, marking a 15.3% increase year-over-year. Net income surged to $14.2 million, a 277.6% rise compared to the previous year. The company announced a $50 million share repurchase program and increased its full-year revenue guidance to $823-$835 million. Adjusted EBITDA rose 8.0% to $60.8 million. Despite economic challenges such as inflation, First Advantage remains optimistic about long-term growth driven by a resilient job market.

First Advantage Corporation (NASDAQ: FA) announced a new integration with Plaid, enhancing background screening for employers and applicants. This collaboration enables near-instant verification of current employment through Plaid's API, streamlining the process and providing faster results across devices. CEO Scott Staples highlighted that this innovation allows customers to hire efficiently and onboard quickly. First Advantage serves over 33,000 customers globally, providing technology solutions for screening, verifications, and compliance.

First Advantage Corporation (NASDAQ: FA) will release its second quarter 2022 financial results on August 4, 2022, ahead of an 8:30 a.m. EDT earnings conference call. A new registration process for call participation will require participants to register at least 10 minutes before the call. The call will also be available via live webcast and replay on the company’s investor relations website. First Advantage is a global provider of technology solutions for screening, verifications, and compliance, serving over 33,000 customers in more than 200 countries.

First Advantage Corporation (NASDAQ: FA) announced the appointment of Bridgett Price as an independent director on its Board of Directors, now comprising eight members. With extensive experience in human resources across various sectors, Price aims to enhance the company's strategic approach to talent management and risk mitigation.

Price, the Global Human Resources Officer at Marriott International, has held executive roles and contributed significantly to transformational initiatives within Fortune 500 firms. Her expertise is expected to play a pivotal role as the company navigates the evolving job market.

First Advantage Corporation (NASDAQ: FA), a global leader in screening and verification technology, announced that CEO Scott Staples and CFO David Gamsey will present at the Stifel 2022 Cross Sector Insight Conference in Boston on June 9, 2022, at 11:30 a.m. EDT. This event will provide insights into the company's innovative solutions for managing human capital risks and improving hiring practices. Interested parties can access live webcasts and recordings through the company's investor relations website.

First Advantage Corporation (NASDAQ: FA) reported robust Q1 2022 results, achieving revenues of $189.9 million, a 43.8% increase year-over-year. The company shifted from a net loss of $(19.4) million to a net income of $13.0 million. Adjusted EBITDA rose 46.5% to $53.6 million. The firm announced an acquisition of Form I-9 Compliance, further expanding its capabilities. Full-year guidance was raised, with projected revenues of $820 to $835 million. Cash flow from operations reached $41.6 million and net debt stood at $257.1 million.

First Advantage Corporation (NASDAQ: FA) has promoted Joelle Smith to President, Data, Technology, and Experience, reinforcing its focus on innovation in technology solutions for human capital management. Smith, previously Chief Experience Officer, led successful product launches and streamlined operations since joining in 2017. The CEO emphasizes the necessity of fast, quality screening solutions in a competitive hiring environment. Smith's leadership is anticipated to enhance customer experiences and drive further growth.