First Advantage CorpFA
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Strong Q2 results and raised guidance beat expectations.
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Industrials
First Advantage CorpFirst Advantage Jumps on Strong Q2 Results and Raised Guidance
Earnings
First Advantage shares rose after the background screening provider reported second-quarter 2026 results that beat expectations and raised its full-year financial guidance. Revenue grew 14.9% year over year to $448.8 million, while adjusted EPS increased 30% to $0.35. Management attributed the strong performance to improving hiring trends across several verticals, particularly in high-volume hiring, as well as the realization of synergies. The company raised its full-year 2026 outlook, now expecting revenue of $1.67 billion to $1.71 billion and adjusted EPS of $1.23 to $1.29. First Advantage also highlighted its focus on deleveraging, having made $70 million in voluntary debt prepayments between May and early August.
First Advantage CorpStrong Q2 results and raised guidance beat expectations.