ATLANTA (AP) — ATLANTA (AP) — First Advantage Corp. (FA) on Thursday reported third-quarter net income of $10.8 million.
On a per-share basis, the Atlanta-based company said it had profit of 7 cents. Earnings, adjusted for one-time gains and costs, were 28 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.
The provider of background screening services posted revenue of $200.4 million in the period.
First Advantage expects full-year earnings in the range of $1 to $1.07 per share, with revenue in the range of $770 million to $810 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FA at https://www.zacks.com/ap/FA