Advantage Solutions reported Q4 2024 revenue of $892.3 million, a 10% year-over-year decline. However, adjusted EBITDA increased by 8.9% to $94.6 million, reflecting strong execution and cost discipline. The company posted a net loss of $177.9 million, significantly wider than the $2.7 million net loss in Q4 2023. Management remains focused on transformation initiatives and expects revenue and adjusted EBITDA growth in 2025.
Advantage Solutions reported revenues of $939.3 million for the three months ended September 30, 2024, compared to $1,019.7 million a year ago. The net loss from continuing operations was $37.3 million, compared to a net loss of $29.6 million for the third quarter of 2023. Organic revenues increased by approximately 2%, and Adjusted EBITDA was $101 million, an 8.1% increase compared to the prior year.
Advantage Solutions reported revenues of $873 million for Q2 2024, a decrease compared to $964 million in the previous year. The net loss from continuing operations was $113 million. Adjusted EBITDA was $90 million, consistent with the prior year, with margins at 10.3%. The company made progress on its strategic transformation by completing divestitures of non-core assets to simplify its business and pay down debt.
Advantage Solutions reported a 10% decline in revenues to $906 million, which increased by 1% excluding the impact of divestitures, foreign exchange, and pass-through costs. Operating income was $31.3 million, which included a gain on a divestiture. Adjusted EBITDA was $79 million, in line with expectations. Management reaffirms its 2024 outlook.
Advantage Solutions' Q4 2023 performance showed solid results with operating income of $46.2 million and a 2% year-over-year increase in Adjusted EBITDA. Consolidated revenues declined 2.1% to $1.1 billion but increased 3.4% excluding the impact of foreign exchange, acquisitions and divestitures.
Advantage Solutions reported a 4.3% year-over-year increase in revenue to $1.1 billion for the third quarter of 2023. The company's focus on strengthening its culture, simplifying operations, and improving financial discipline contributed to the positive results. Adjusted EBITDA for the quarter was $113.1 million.
Advantage Solutions reported a 5.7% increase in revenue, reaching $1.0 billion, and Adjusted EBITDA of $104.2 million, a 3.8% decrease year-over-year. The company is focused on strengthening its culture, simplifying operations, and improving financial discipline to drive long-term, profitable growth.
Advantage Solutions reported a 10.6% increase in revenue to $1.0 billion for Q1 2023, driven by growth in both the Sales and Marketing segments. However, the company experienced an operating loss of $8.3 million and a net loss of $47.7 million, with Adjusted EBITDA decreasing by 4.8% to $92.1 million.
Advantage Solutions reported a revenue increase of 6.8% compared to Q4 2021, driven by growth in both the marketing and sales segments. However, the company experienced a significant operating loss due to non-cash impairment charges. Adjusted EBITDA decreased by 26.9% due to inflationary cost pressures and mix shift dynamics.
Advantage Solutions reported a 13.2% increase in revenue for Q3 2022 compared to Q3 2021. However, operating income, net income, and Adjusted EBITDA decreased due to investments in wages and macroeconomic pressures. The company is updating its fiscal year 2022 Adjusted EBITDA guidance range to $430 million to $440 million.
Advantage Solutions reported a 15.4% year-over-year increase in revenues, driven by the recovery of their in-store sampling and demonstration business. The company remained focused on operating the core business and navigating the challenging macroeconomic environment.
Advantage Solutions reported a 16% year-on-year increase in revenues during the first quarter, driven by growth in the marketing and sales segments. The company is reaffirming its full-year 2022 Adjusted EBITDA guidance of $490 million to $510 million.
Advantage Solutions reported a solid finish to 2021, converting strong revenue growth to healthy EBITDA gains. The company is planning to reinvest opportunistically to support and extend the Advantage franchise.
Advantage Solutions reported a year-over-year increase in revenues driven by growth in both the marketing and sales segments. The company is confident in delivering against FY 2021 Adjusted EBITDA guidance of $520 to $530 million.
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.
Advantage Solutions reported a 10.0% decrease in revenue to $791.0 million, but operating income grew by 19.6% to $37.6 million. Net loss decreased by $21.2 million to $0.5 million, and Adjusted EBITDA grew by 4.8% to $111.4 million.