Profile
Sector:
IndustrialsIndustry:
Specialty Business ServicesCountry:
United StatesIPO:
23 June 2021Website:
http://fadv.comNext earnings report:
28 February 2025Last dividends:
18 August 2023Next dividends:
N/APrice
after hours | Tue, 19 Nov 2024 21:22:09 GMTAnalysts recommendations
Institutional Ownership
FA Latest News
Completed Acquisition of Sterling on October 31; Maintains Standalone Full-Year 2024 Guidance and Issues Combined Company Guidance including Sterling Completed Acquisition of Sterling on October 31; Maintains Standalone Full-Year 2024 Guidance and Issues Combined Company Guidance including Sterling
First Advantage (FA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
ATLANTA, Oct. 31, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading global provider of employment background screening, identity, and verification solutions, today announced that it has completed its acquisition of Sterling Check Corp. (the “transaction”). Valued at $2.2 billion, including the assumption of Sterling's outstanding debt, the acquisition combines industry leading platforms and innovative solutions to deliver an enhanced customer experience while expanding and diversifying First Advantage's vertical and geographic exposure, creating a more well-balanced portfolio.
ATLANTA and INDEPENDENCE, Ohio, Oct. 21, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA) and Sterling Check Corp. (NASDAQ:STER) today announced that the deadline for (i) record holders of vested shares of Sterling common stock and (ii) eligible holders of Sterling common stock equivalents (Sterling common stock equivalents is defined as “Company Common Stock Equivalents” in the Merger Agreement (as defined below)) and unvested shares of Sterling common stock to elect the form of merger consideration they wish to receive in connection with First Advantage's acquisition of Sterling (the "Transaction") is 5:00 p.m. Eastern Time on October 24, 2024 (such deadline, as it may be extended, the "Election Deadline"), pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of February 28, 2024, by and among First Advantage, Sterling, and Starter Merger Sub, Inc., a Delaware corporation and an indirect, wholly-owned subsidiary of First Advantage. Sterling stockholders who hold shares through a bank, broker or other nominee may be subject to an earlier election deadline and should carefully review any materials they received from their bank, broker or other nominee. The parties expect to close the Transaction on October 31, 2024, subject to the receipt of regulatory clearances and approvals and the satisfaction or waiver of other customary closing conditions. If such clearances, approvals and conditions are not received or satisfied as expected, the parties may elect to extend the Election Deadline and the anticipated closing of the Transaction will be a later date.
This strategic appointment underscores the Company's commitment to advancing its background screening, identity, and verifications technology, enabling faster and more efficient solutions for customers This strategic appointment underscores the Company's commitment to advancing its background screening, identity, and verifications technology, enabling faster and more efficient solutions for customers
First Advantage Corporation (NASDAQ:FA ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Stephanie Gorman - VP of IR Scott Staples - CEO David Gamsey - CFO Conference Call Participants Shlomo Rosenbaum - Stifel Andrew Steinerman - JPMorgan Andrew Nicholas - William Blair Heather Balsky - Bank of America Merrill Lynch Kyle Peterson - Needham Operator Good day, everyone. My name is Todd and I will be your conference operator today.
First Advantage (FA) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago.
Reaffirms Full-Year 2024 Guidance; Sterling Acquisition Expected to Close in Q4 Reaffirms Full-Year 2024 Guidance; Sterling Acquisition Expected to Close in Q4
ATLANTA, July 18, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of employment background screening, identity, and verification solutions, will issue its second quarter 2024 financial results on Thursday, August 8, 2024 prior to the Company's earnings conference call, which will be held at 8:30 a.m. ET on the same day.
First Advantage (FA) lacks the necessary elements for a potential earnings beat in its upcoming report. Be ready with the key expectations.
What type of business is First Advantage?
First Advantage Corporation provides employment background screening, identity, and verification solutions worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products. The company also provides post-onboarding solutions, including criminal records monitoring, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and other products comprising fleet/vehicle compliance, hiring tax credits and incentives, resident/tenant screening, and investigative research. Its products and solutions are used by personnel in recruiting, human resources, risk, compliance, vendor management, safety, and/or security in global enterprises, mid-sized, and small companies. The company was formerly known as Fastball Intermediate, Inc. and changed its name to First Advantage Corporation in March 2021. First Advantage Corporation was founded in 2002 and is based in Atlanta, Georgia.
What sector is First Advantage in?
First Advantage is in the Industrials sector
What industry is First Advantage in?
First Advantage is in the Specialty Business Services industry
What country is First Advantage from?
First Advantage is headquartered in United States
When did First Advantage go public?
First Advantage initial public offering (IPO) was on 23 June 2021
What is First Advantage website?
https://fadv.com
Is First Advantage in the S&P 500?
No, First Advantage is not included in the S&P 500 index
Is First Advantage in the NASDAQ 100?
No, First Advantage is not included in the NASDAQ 100 index
Is First Advantage in the Dow Jones?
No, First Advantage is not included in the Dow Jones index
When was First Advantage the previous earnings report?
No data
When does First Advantage earnings report?
The next expected earnings date for First Advantage is 28 February 2025