
About Advantage Solutions Inc
Advantage Solutions Inc. provides outsourced solutions to consumer goods companies and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management, analytics, insights and intelligence, administration, and brand-centric merchandising; and retailer-centric services comprising retailer-centric merchandising, in-store media, and digital commerce. The Marketing segment provides brand-centric services, including shopper and consumer marketing and brand experiential; and retailer-centric services, such as retail experiential, private label, digital marketing, digital media, and advertising. The company was formerly known as Karman Holding Corp. and changed its name to Advantage Solutions Inc. in March 2016. Advantage Solutions Inc. was founded in 1987 and is based in Irvine, California. Address: 18100 Von Karman Avenue, Irvine, CA, United States, 92612
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Advantage Solutions (NASDAQ:ADV) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:00 PM. Here's what ...
Advantage Solutions Inc. (ADV) delivered earnings and revenue surprises of 21.43% and 1.20%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
IRVINE, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we” or “our”), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, today reported financial results for its second quarter ended June 30, 2022. “Advantage continued to see progress in the second quarter. Our performance was highlighted by a 15.4% year-over-year improvement in revenues, driven largely
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Small Cap Value AlphaDEX Fund ETF (FYT), we found that the implied analyst target price for the ETF based upon its underlying holdings is $59.38 per unit.
ADVA (ISIN: DE0005103006, FSE: ADV), a leading provider of open networking solutions for the delivery of cloud and mobile services, reported final financial results for Q2 2022 ended on June 30, 2022. The results have been prepared in accordance with International Financial Reporting Standards (IFRS).
IRVINE, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) (the “Company” or “Advantage”) today announced the Company will release its second quarter 2022 results after the market closes on Tuesday, August 9, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing 1-877-407-4018 or for international callers, 1-201-689-8471. A replay will be available two hours after the
ADVA (FSE: ADV) today announced that Openreach Limited, the wholly owned subsidiary of BT Group, has deployed its next generation of edge technology to support Ethernet Access Direct (EAD) services to customers throughout the UK. Openreach, which runs the UK’s digital network, is continuing its longstanding relationship with ADVA as it evolves its infrastructure to meet the bandwidth, timing and programmability needs of new business, 5G and enterprise services. ADVA’s high-bandwidth demarcation and edge aggregation devices will enable Openreach to reduce space and power consumption. ADVA’s team is also helping support Openreach’s ambition to create a lower carbon footprint.
ADVA Optical Networking SE (“ADVA”) and Adtran Holdings, Inc. (“Adtran Holdings”, which previously operated as Acorn HoldCo, Inc.) today announced the successful closing of Adtran Holdings’ exchange offer to shareholders of ADVA. In addition, Adtran, Inc. has become a direct subsidiary of Adtran Holdings through a merger. Starting today, Adtran Holdings’ shares will commence trading on the NASDAQ as well as on the Frankfurt Stock Exchange. ADVA tendered shares have been delisted from the Frankfurt Stock Exchange. Shares in ADVA not tendered continue to be listed on the Frankfurt Stock Exchange. In less than one year after the merger was first announced, the companies have received all necessary regulatory approvals.
Today, Acorn HoldCo, Inc. (“Acorn HoldCo”) has informed ADVA Optical Networking SE (“ADVA”) about its intention to enter into negotiations regarding the conclusion of a domination agreement (“DA”) or a domination and profit and loss transfer agreement (“DPLTA”, either the DA or the DPLTA the “Agreement”) within the meaning of Sec. 291 para. 1 of the German Stock Corporation Act (Aktiengesetz) with Acorn HoldCo (or a subsidiary yet to be established) as the dominating entity and ADVA as the dominated entity.
ADVA (FSE: ADV) today announced that Brian Protiva is to step down as CEO. After a transition period of several weeks, Protiva will assume the role of vice chairman of Acorn HoldCo, Inc. (the holding company of Adtran and ADVA). Christoph Glingener will be appointed ADVA’s new CEO and will also continue as the company’s CTO. During Protiva’s 25-year tenure as chief executive officer, he successfully steered the company from a small start-up to an industry leader in metro WDM and Ethernet access devices. As ADVA is about to complete its business combination with Adtran, Protiva will support the further unification of the companies over the coming months.
Today, the German Federal Ministry for Economics and Climate Protection (“BMWK”) has granted the foreign direct investment approval that was required for closing the public exchange offer made by ADTRAN Inc.’s subsidiary, Acorn HoldCo, Inc. (“Acorn HoldCo”).
ADVA (FSE: ADV) today announced that POST Luxembourg has deployed ADVA’s Oscilloquartz optical cesium atomic clock to protect its GNSS-based timing network from jamming and spoofing cyberattacks. The country’s leading provider of ICT and telecom services is utilizing the aPNT+™ technology to meet the synchronization requirements of 5G mobile connectivity and next-generation enterprise cloud applications. With its high availability and unrivaled holdover, the optical cesium atomic clock solution ensures the accuracy and stability needed for the most stringent telecom applications. The solution integrated easily into POST Luxembourg’s existing network management system and is remotely controlled and assured by the ADVA Ensemble Controller with Sync Director.
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ADVA (FSE: ADV) today achieved an industry first with the introduction of its Oscilloquartz high-performance optical cesium atomic clock. The coreSync™ OSA 3300-HP is ADVA’s latest innovation in assured PNT, ushering in a new age of precise synchronization with unprecedented stability. Following ADVA’s launch of the first optical pumping timing solution two years ago, the OSA 3350 ePRC+, the OSA 3300-HP takes the technology to new levels. It has a 10-year lifetime compared to the five years offered by currently available high-performance magnetic clocks. As the market’s only high-performance optical cesium clock, the OSA 3300-HP sets a new benchmark for precision and availability, providing the resilience required for PNT assurance in critical infrastructure and empowering service providers to deliver differentiated SLA timing offerings with integrated GNSS backup. The feature-rich device has embedded Ethernet- and IP-based management as well as a user-friendly touchscreen GUI.
New agency unites five specialist agencies to offer brands transformative commerce strategies and solutionsIRVINE, Calif., June 28, 2022 (GLOBE NEWSWIRE) -- Advantage Solutions has launched Advantage Unified Commerce, a 500-person-strong agency that brings together a powerful combination of talent and technology focused on seamless, end-to-end commerce marketing. The agency provides consumer goods brands a holistic, connected commerce strategy and solutions across e-commerce and brick-and-mortar
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Multi Cap Value AlphaDEX Fund ETF (FAB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $86.56 per unit.
ADVA (FSE: ADV) today announced that Tele2 Estonia has deployed the ADVA ALM fiber monitoring solution for real-time assurance across its national network. The compact, plug-and-play device boosts operational efficiency and service availability. This helps Tele2 Estonia to improve customer experience and offer enhanced SLAs. Managed by the Ensemble Controller network management system with Ensemble Fiber Director, the solution gives Tele2 Estonia’s field forces full control over their optical infrastructure. With its simple graphical overlay, the ADVA ALM precisely pinpoints the location of fiber impairments, enabling proactive maintenance, reducing repair times and preventing network outages.
ADVA (FSE: ADV) and II‐VI Incorporated (Nasdaq: IIVI), today launched the industry’s first 100ZR pluggable coherent transceiver. Jointly defined and purpose-built for the optical network edge, the Coherent 100ZR is rated for both commercial- and industrial-temperature (C-temp and I-temp) operating ranges. The new 100ZR digital coherent optics (DCO) transceiver features the Steelerton™ coherent digital signal processor (DSP). Co-funded by both companies, this all-new DSP is completely unique to the marketplace.
Investments in talent and technology lead to customized, end-to-end solutions for consumer packaged goods makersIRVINE, Calif., June 16, 2022 (GLOBE NEWSWIRE) -- Responding to consumer packaged goods companies’ and retailers’ increasing need to improve product availability and cut the cost of getting products to the shelf and into the hands of shoppers, Advantage Intelligence, Advantage Solutions’ commerce data and technology group, has expanded its supply chain services. Advantage Solutions fir
ADVA (FSE: ADV) today announced that Quickline has deployed its FSP 150 aggregation solution to offer high-speed residential and enterprise services across the hardest-to-reach areas in Yorkshire and Lincolnshire. The innovative new network utilizes 5G wireless and FTTP for the last mile. Combined with ADVA’s MEF 3.0-certified 100Gbit/s technology, this enables Quickline to rapidly expand the delivery of ultra-fast, highly available broadband to more remote locations across the region. Temperature-hardened and simple to deploy, ADVA’s compact edge solution provides pre-activation testing and features the highly accurate synchronization capabilities vital for 5G services. ADVA’s partner, Nomios, played a key role in the deployment, planning and designing of the new infrastructure as well as providing project management, network management services and ongoing support.
ADVA (FSE: ADV) today announced that Edge, a regional research and education (R&E) network based in New Jersey, has expanded its deployment of the ADVA ALM fiber monitoring solution to improve real-time service performance and reduce operating costs. The in-service assurance technology enables Edge to rapidly detect and locate faults in its optical transport infrastructure throughout New York, New Jersey and Pennsylvania. With more complete network visibility, Edge can respond in an instant to fiber issues and fix problems before services are affected. The ability to immediately identify areas of concern and precisely target maintenance efforts also helps reduce truck rolls and improves cost-efficiency.
ADVA (FSE: ADV) today launched the market’s first NFV management and orchestration (MANO) platform delivered through a software-as-a-service (SaaS) model. ADVA’s Ensemble SaaS MANO simplifies and accelerates uCPE deployments, ensuring faster time to revenue for communication service provider (CSP) and enterprise customers. Hosted in the public cloud and managed by ADVA or its partners, the offering provides access to critical management tools while delivering significant cost savings. It enables CSPs and enterprises to harness the opportunities of virtualization without major investment in resources or training.
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ADVA (FSE: ADV) today announced that Partner Communications has deployed its Oscilloquartz timing technology to support 5G rollout throughout Israel. The solution provides the level of accuracy and availability needed for next-generation mobile services and time-sensitive low-latency applications. Featuring ADVA’s Oscilloquartz core grandmaster devices, enhanced primary reference time clock (ePRTC) technology and multi-band GNSS receivers, the new timing infrastructure is ultra-resilient and prepared to withstand the rising threat of jamming and spoofing attacks. ADVA’s partner RDT Equipment & Systems also played a significant role in the deployment, carrying out installation, configuration and troubleshooting. Together with ADVA, it will provide Partner Communication with ongoing maintenance and support.
Cuisine Solutions Inc., the global leader and pioneer in sous vide premium foods, today announced a $250 million investment from Bain Capital to accelerate its growth and global expansion. The minority investment will further establish Cuisine Solutions' authority in the sous vide category, provide additional resources to support accelerated product innovation, and expand its business domestically and internationally as well as the company's global manufacturing footprint beyond the United State
Advantage Solutions’ new business unit will benefit from global CMO’s experience starting, growing and managing data-driven companies Alex Kelleher headshot Alex Kelleher, president, Advantage Intelligence IRVINE, Calif., June 02, 2022 (GLOBE NEWSWIRE) -- Alex Kelleher has joined Advantage Solutions, a leading provider of outsourced sales and marketing services to consumer goods companies and retailers, as president, Advantage Intelligence, a new group that combines the enterprise’s data, analyt
ADVA (FSE: ADV) today announced that it’s enabling service provider customers to offer GPS/GNSS-backup-as-a-service (GBaaS). A wide range of industries are increasingly reliant on satellite-delivered timing, but with threats including jamming and spoofing cyberattacks on the rise, operators need to find ways to safeguard services that rely on positioning, navigation, and timing (PNT) information. In-network timing based on NTP and PTP is also increasingly vulnerable to cyber threats. As a response, ADVA is now empowering service providers to offer GBaaS and enable end users to address new guidelines and standards for redundant PNT architectures. GBaaS meets the latest recommendations for PNT homeland security like US Executive Order 13905. Leveraging ADVA’s aPNT+™ technology, it eliminates the risks and costs associated with GNSS dependence.
Advantage Solutions Inc (ADV) is a NASDAQ Common Stock listed in Common Stock, Other