Advantage Solutions (NASDAQ:ADV) Announces Earnings Results
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Advantage Solutions (NASDAQ:ADV) reported quarterly earnings of $0.06 per share, missing estimates of $0.24. Revenue was $915.01 million, below the expected $933.56 million. The company has a negative return on equity of 39.45% and a net margin of -8.72%. Following the earnings report, the stock fell 5.8% to $1.13. Analysts have a consensus rating of "Hold" with an average price target of $2.25. Institutional investors own 49.82% of the stock, with recent changes in positions noted.
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