First Advantage (FA) Stock Trades Up, Here Is Why

What Happened? Shares of background screening provider First Advantage (NASDAQ:FA) jumped 9.8% in the morning session after the company reported third-quarter financial results that surpassed analyst expectations and provided an encouraging full-year outlook. The background screening services provider posted revenue of $409.2 million for the quarter, a significant 105% year-on-year jump that beat Wall Street's forecast. Adjusted earnings were$ 0.30 per share, also topping estimates. In addition to the str ...