ADV Q2 2024 Earnings — Advantage Solutions Inc. Revenue & Financial Results | Market Cap Arena

ADVAdvantage Solutions Inc.

$235M

Q2 2024 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$873M-9.4% YoY

Gross Profit

$122M14.0% margin

Operating Income

-$91M-10.4% margin

Net Income

-$101M-11.5% margin

EPS (Diluted)

$-0.31

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$49M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.5B

Stockholders' Equity

$974M

Cash & Equivalents

$154M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$873M	$964M	-9.4%
Gross Profit	$122M	$64M	+91.5%
Operating Income	-$91M	$32M	-382.2%
Net Income	-$101M	-$9M	-1050.8%

Revenue Segments

Branded Services

$322M37%

Experiential Services

$320M37%

Retailer Services

$232M27%