ADV Q3 2024 Earnings — Advantage Solutions Inc. Revenue & Financial Results | Market Cap Arena

ADVAdvantage Solutions Inc.

$235M

Q3 2024 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$939M-7.9% YoY

Gross Profit

$144M15.4% margin

Operating Income

-$3M-0.3% margin

Net Income

-$43M-4.6% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$9M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.5B

Stockholders' Equity

$933M

Cash & Equivalents

$196M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$939M	$1.0B	-7.9%
Gross Profit	$144M	$127M	+13.3%
Operating Income	-$3M	$7M	-147.8%
Net Income	-$43M	-$24M	-75.8%

Revenue Segments

Experiential Services

$343M36%

Branded Services

$331M35%

Retailer Services

$265M28%