Advantage Solutions Reports First Quarter 2023 Financial Results and Reaffirms Annual Outlook
Advantage Solutions Inc. - Class A (ADV)
Company Research
Source: GlobeNewswire
IRVINE, Calif., May 10, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we” or “our”), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, today reported financial results for its first quarter ended March 31, 2023. Revenues grew 10.6% year-over-year, up 12.1% excluding foreign exchange, to reach $1.0 billion, and EBITDA reached $92.1 million, down 4.8% year-over year. The quarter came in ahead of our internal expectations driven by a stronger revenue performance. “It has been a busy and productive first quarter at Advantage,” said Advantage Solutions CEO, Dave Peacock. “In my first 90 days, we have built out our executive team with experienced leaders from best-in-class consumer and retail companies, and now have the foundation in place to simplify our core offerings while simultaneously building the business for the future. With each day, I grow increasing
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ADV
News
- Advantage Solutions Inc. Investors Should Contact Robbins LLP for Information About Our Investigation of ADVGlobeNewswire
- Advantage Solutions Inc. Investor Alert: Robbins LLP is Investigating the Officers and Directors of ADV on Behalf of ShareholdersGlobeNewswire
- ADV Stockholders: Robbins LLP Reminds Investors it is Investigating the Officers and Directors of Advantage Solutions Inc.Business Wire
- Advantage Solutions Inc. (ADV) Stock News: Robbins LLP is Investigating the Officers and Directors of Advantage Solutions Inc. on Behalf of InvestorsBusiness Wire
- New survey shows labor shortages and inflationary pressures are top concerns among the largest U.S. retailers and consumer goods manufacturersGlobeNewswire
ADV
Earnings
- 8/4/23 - Miss
ADV
Sec Filings
- 9/19/23 - Form SC
- 9/19/23 - Form 4
- 9/8/23 - Form 4
- ADV's page on the SEC website