Advantage Solutions Q1 2023 Earnings Report

Advantage Solutions EPS Results

• Actual EPS: -$0.15
• Consensus EPS: $0.07
• Beat/Miss: Missed by -$0.22
• One Year Ago EPS: N/A

Advantage Solutions Revenue Results

• Actual Revenue: $1.01 billion
• Expected Revenue: $962.04 million
• Beat/Miss: Beat by +$49.94 million
• YoY Revenue Growth: N/A

Advantage Solutions Announcement Details

• Quarter: Q1 2023
• Date: 5/10/2023
• Time: N/A

Advantage Solutions (NASDAQ:ADV) provides business solutions to consumer goods manufacturers and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; and brand-centric merchandising services. This segment also provides retailer-centric services comprising retailer-centric merchandising and in-store media services. The Marketing segment offers brand-centric services, including shopper and consumer marketing, and brand experiential services; retailer-centric services, such as retail experiential and private label services; and digital marketing, and digital media and advertising services. The company was formerly known as Karman Holding Corp. and changed its name to Advantage Solutions Inc. in March 2016. The company was founded in 1987 and is headquartered in Irvine, California.