Welcome to our dedicated page for Hireright Holdings Corporation news (Ticker: HRT), a resource for investors and traders seeking the latest updates and insights on Hireright Holdings Corporation stock.
HireRight Holdings Corporation (HRT) delivers global background screening and employment verification solutions that help organizations mitigate hiring risks. This page provides centralized access to official news and developments impacting the company’s role in workforce compliance technology.
Investors and HR professionals will find timely updates including quarterly earnings reports, regulatory compliance announcements, and strategic partnership details. All content is sourced directly from verified corporate communications to ensure accuracy.
The news archive covers essential developments in employment screening technology, international compliance standards, and service expansions. Regular updates reflect HRT’s evolving solutions for industries requiring rigorous candidate vetting, from healthcare to financial services.
Bookmark this page to stay informed about operational milestones, leadership updates, and innovations in automated background checks. Check regularly for objective reporting on how HireRight addresses modern hiring challenges through technology-driven verification services.
HireRight (NYSE: HRT) is set to release its first quarter 2023 earnings results after market close on
HireRight Holdings Corporation (NYSE: HRT) has appointed Venkat Bhamidipati to its Board of Directors and the Audit Committee, effective immediately. Bhamidipati previously served as executive vice president and CFO at McAfee and has extensive experience in finance and operations at major companies including Providence and Microsoft. His leadership is expected to bolster HireRight's growth and enhance its market value. HireRight provides tech-driven workforce risk management solutions, having screened over 24 million applicants in 2022, supporting a customer base of approximately 38,000 globally.
HireRight Holdings Corporation (NYSE: HRT) has completed the acquisition of Inquiro Vitae, an Argentina-based background screening provider. This strategic move is part of HireRight's growth plan in Latin America, following its Mexico subsidiary launch in 2021. The acquisition will enhance local support for customers hiring in Argentina and across the region, allowing faster identity checks and local invoicing in Argentine Pesos. Guy Abramo, CEO of HireRight, emphasized the importance of local expertise in employment checks. Inquiro Vitae, founded in 2019, specializes in technology-driven background screening services.
HireRight Holdings Corporation (NYSE: HRT) reported a notable financial turnaround for the year ended December 31, 2022, with revenues increasing by $76.6 million to $806.7 million. The company achieved a full-year net income of $144.6 million, a significant rebound from a net loss of $21.3 million.
Fourth-quarter results showed revenues of $175.4 million, down from $198.5 million the previous year. However, net income rose to $15.3 million from a loss of $13.0 million. Adjusted EBITDA was $188.3 million, up 18% year-over-year. Despite economic uncertainties, the company highlighted improvements in productivity and operational automation.
