Advantage Solutions Q1 2022 Earnings Report
Key Takeaways
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.
Revenues increased by approximately 16% year-on-year, primarily driven by the ongoing recovery of businesses most impacted by the pandemic.
The marketing segment grew by $66.1 million (26% year-over-year), driven primarily by the continued recovery in product demonstration and sampling.
The sales segment grew by $57.6 million (11% year-over-year), driven by higher merchandising services revenues and a rebound of the Company’s international businesses.
The company is reiterating its 2022 Adjusted EBITDA guidance range of $490 million to $510 million.
Advantage Solutions
Advantage Solutions
Advantage Solutions Revenue by Segment
Forward Guidance
The Company is reiterating its 2022 Adjusted EBITDA guidance range of $490 million to $510 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income