First Advantage Corporation (NASDAQ:FA) Q1 2022 Earnings Conference Call May 11, 2022 8:30 AM ET

Company Participants

Stephanie Gorman - Vice President, Investor Relations

Scott Staples - Chief Executive Officer

David Gamsey - Chief Financial Officer

Conference Call Participants

Millie Wu - Evercore

Shlomo Rosenbaum - Stifel

Heather Balsky - Bank of America

Andrew Steinerman - JPMorgan

Ronan Kennedy - Barclays

Pete Christiansen - Citi

Hans Hoffman - Jefferies

Operator

Ladies and gentlemen, thank you for standing by and welcome to the First Advantage First Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker, Ms. Stephanie Gorman, Vice President of Investor Relations. Please go ahead.

Stephanie Gorman

Thank you, Sherri. Good morning everyone and welcome to First Advantage's first quarter 2022 earnings conference call. In the Investors section of our website, you will find the earnings press release and slide presentation to accompany today's discussion. This webcast is being recorded and will be available for replay on our Investor Relations website.

Before we begin our prepared remarks, I need to remind everyone that our discussion today will include forward-looking statements. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements due to a variety of factors. These factors are discussed in more detail in our filings with the SEC, including our 2021 Form 10-K and our Form 10-Q for the first quarter of 2022 to be filed with the SEC. Such factors may be updated from time-to-time in our periodic filings with the SEC and we do not undertake any obligation to update forward-looking statements.

Throughout this conference call, we will also present and discuss non-GAAP financial measures. Reconciliations of our non-GAAP financial measures to their most directly comparable GAAP financial measures to the extent available without unreasonable effort appear in today's earnings press release and presentation, which are available on our Investor Relations website.

I'm joined on our call today by Scott Staples, First Advantage's Chief Executive Officer; and David Gamsey, our Chief Financial Officer. After our prepared remarks, we will take your questions.

I will now hand the call over to Scott.

Scott Staples

Thank you Stephanie, and good morning everyone. Thank you for joining our first quarter 2022 conference call. We are extremely proud of our outstanding results from the first quarter, surpassing even our own high growth expectations. This excellent performance by our First Advantage team members across the globe demonstrates that we are doing an incredible job helping our customers hire smarter and onboard faster, which is our rallying cry and how we win. And given the extremely strong finish to the quarter and our positive outlook for sustained momentum in our business today, we are raising our full year guidance.