Recap: Advantage Solutions Q1 Earnings - Advantage Solutions (NASDAQ:ADV)

Advantage Solutions ADV reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Advantage Solutions missed estimated earnings by 287.5%, reporting an EPS of $-0.15 versus an estimate of $0.08.

Revenue was up $97.17 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 17.04% increase in the share price the next day.

Here's a look at Advantage Solutions's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.15	0.18	0.13	0.11
EPS Actual	0.17	0.20	0.13	0.15
Revenue Estimate	1.07B	1.06B	981.32M	885.48M
Revenue Actual	1.10B	1.05B	981.08M	914.81M

To track all earnings releases for Advantage Solutions visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.