NASDAQ$ADV

Advantage Solutions Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported solid second quarter financial results and raised 2021 outlook.

Advantage Solutions reported a strong second quarter with revenue growth driven by both the marketing and sales segments. The company is raising its full-year Adjusted EBITDA guidance by $5 million.

  • Revenues increased year-over-year due to growth in both the marketing and sales segments.
  • Operating income grew significantly compared to the second quarter of 2020.
  • Net income increased compared to a net loss in the second quarter of 2020.
  • Adjusted EBITDA grew by 8.9% compared to the second quarter of 2020.

Headline financials

Total Revenue

$850M

Previous: $642M+32.5%
EPS (adj)

$0.13

Previous: -$0.29+144.8%
Adjusted EBITDA

$122M

Previous: $112M+8.9%
Capital Expenditures

$7.71M

No prior period
Free Cash Flow

$6.12M

No prior period
Net Income

$6.12M

Previous: -$37.4M+116.4%
Operating Income

$42.4M

Previous: $3K+1414800.0%
Gross Profit

$152M

Previous: $132M+15.3%
Cash & Equivalents

$160M

Previous: $827K+19218.5%
Total Assets

$5.72B

Previous: $455M+1156.5%
Stock-Based Comp

-$3.06M

Previous: $1.65M-285.6%

Revenue & EPS history

Advantage Solutions · Revenue · Quarterly

$850M

Q2 2021+32.5%vs Q2 2020
Beat estimate in 5 of 6 quarters(83%)
ActualEstimate

Forward guidance

The company is raising its fiscal year 2021 Adjusted EBITDA guidance to a range of $520 to $530 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-2.7%

Avg return

Earnings day

-3.9%

Avg return

5 days after

-0.1%

Avg return

30 days after

36%

9 / 25 earnings

Positive

+18.6%

Q4 2022

Best reaction

-20.2%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+15.3%-5.5%+1.8%
Q4 2025-1.0%+15.9%+57.6%
Q3 2025-3.3%+8.9%-30.1%
Q1 2025-17.8%-14.3%+12.2%
Q4 2024-8.9%-28.4%-44.9%
Q3 2024+10.1%-1.6%+5.1%
Q2 2024+4.2%+0.3%+3.6%
Q1 2024-17.6%-20.2%-29.1%
Q4 2023+2.1%-3.4%+14.6%
Q3 2023-16.0%-16.5%+29.1%
Q2 2023+2.3%+1.2%+12.4%
Q1 2023+10.8%+18.5%+62.3%
Q4 2022+18.6%+7.7%-28.2%
Q3 2022-20.2%-17.5%-33.4%
Q2 2022-9.7%+3.2%-32.5%
Q1 2022-11.0%-9.6%-15.3%
Q4 2021-15.9%-26.9%-18.9%
Q3 2021+4.4%+1.6%-13.9%
Q2 2021-6.7%-6.0%-13.0%
Q1 2021-3.8%-5.6%-4.7%
Q4 2020-0.2%+7.2%+27.1%
Q2 2020-0.2%+7.2%+27.1%
Q3 2020-2.1%-13.8%-1.5%
Q1 2020+0.5%+0.0%+4.9%
Q4 2019-1.0%-1.0%+5.1%
Q3 2019
Q2 2019
Q1 2019
Q1 2017
Q1 2016

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro