First Advantage rises on strong forecast, results

First Advantage

23/03/2022 12:23

** Shares of background check company  FA.O  up 4.1% at
$18.25 premarket 
    ** FA forecasts FY22 revenue between $813 mln and $828 mln,
above Refinitiv estimates of $758.9 mln  urn:newsml:reuters.com:*:nGNX5TNM20
    ** Co also beats Q4 revenue estimates, helped by new
customer additions and robust international growth
    ** Reports Q4 net income of $15.4 mln, compared to a net
loss of $5.9 mln a year earlier
    ** As of last close, stock had fallen ~8% this year

    

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))