In This Article:
First Advantage (NASDAQ:FA) Third Quarter 2024 Results
Key Financial Results
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Net loss: US$7.81m (down by 173% from US$10.8m profit in 3Q 2023).
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US$0.054 loss per share (down from US$0.075 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
First Advantage Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in the US.
Performance of the American Professional Services industry.
The company's shares are down 2.3% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for First Advantage that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.