First Advantage Corp. (FA) released earnings for fourth quarter that decreased from last year and missed the Street estimates.
The company's bottom line totaled $14.8 million, or $0.10 per share. This compares with $20.1 million, or $0.13 per share, in last year's fourth quarter.
Excluding items, First Advantage Corp. reported adjusted earnings of $42.6 million or $0.29 per share for the period.
Analysts on average had expected the company to earn $0.3 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 4.7% to $202.6 million from $212.6 million last year.
First Advantage Corp. earnings at a glance (GAAP) :
-Earnings (Q4): $14.8 Mln. vs. $20.1 Mln. last year.
-EPS (Q4): $0.10 vs. $0.13 last year.
-Revenue (Q4): $202.6 Mln vs. $212.6 Mln last year.
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