ADV Q3 2023 Earnings — Advantage Solutions Inc. Revenue & Financial Results | Market Cap Arena

ADVAdvantage Solutions Inc.

$230M

Q3 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$1.0B-3.0% YoY

Gross Profit

$127M12.5% margin

Operating Income

$7M0.7% margin

Net Income

-$24M-2.4% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$76M

Free Cash Flow

$65M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$2.9B

Stockholders' Equity

$1.1B

Cash & Equivalents

$211M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$1.1B	-3.0%
Gross Profit	$127M	$143M	-10.7%
Operating Income	$7M	$47M	-85.8%
Net Income	-$24M	$21M	-215.6%

Revenue Segments

Sales Revenues

$629M57%

Marketing Revenues

$468M43%