ADV - Advantage Solutions GAAP EPS of -$0.15 revenue of $1.01B beats by $23.6M
2023-05-10 07:54:35 ET
- Advantage Solutions press release ( NASDAQ: ADV ): Q1 GAAP EPS of -$0.15.
- Revenue of $1.01B (+10.4% Y/Y) beats by $23.6M .
- Operating loss of $8.3 million for the first quarter of 2023, representing a decrease of $31.3 million from the first quarter 2022 operating income of $23.0 million.
- Net loss of $47.7 million for the first quarter of 2023, representing a decrease of $65.2 million from the first quarter 2022 net income of $17.5 million.
- Adjusted EBITDA was $92.1 million for the first quarter of 2023, representing a decrease of $4.7 million, or 4.8%, from the first quarter 2022 Adjusted EBITDA of $96.7 million.
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Advantage Solutions GAAP EPS of -$0.15, revenue of $1.01B beats by $23.6M