ADV Q1 2024 Earnings — Advantage Solutions Inc. Revenue & Financial Results | Market Cap Arena

ADVAdvantage Solutions Inc.

$235M

Q1 2024 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$861M-8.8% YoY

Gross Profit

$110M12.7% margin

Operating Income

-$30M-3.5% margin

Net Income

-$5M-0.6% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-20.2%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$25M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$112M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$861M	$944M	-8.8%
Gross Profit	$110M	$118M	-6.8%
Operating Income	-$30M	$7M	-544.1%
Net Income	-$5M	-$48M	+88.8%

Revenue Segments

Branded Services

$345M39%

Experiential Services

$307M35%

Retailer Services

$227M26%