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Jun 30, 2021
Advantage Solutions Q2 2021 Earnings Report
Reported solid second quarter financial results and raised 2021 outlook.
Key Takeaways
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.
Advantage Solutions
Advantage Solutions
Advantage Solutions Revenue by Segment
Forward Guidance
The company is raising its fiscal year 2021 Adjusted EBITDA guidance to a range of $520 to $530 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income