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) has announced a partnership with GryphonHR to enhance compliance solutions for its customers. This collaboration aims to provide access to GryphonHR's innovative Form I-9 and E-Verify technology, equipping HireRight clients with tools such as interactive dashboards, customized workflows, and auditing capabilities. The integration will improve the management of Form I-9 processes, streamlining compliance for approximately 38,000 global customers. This partnership underscores HireRight's commitment to innovation in workforce solutions, having screened over 24 million candidates in 2022.
HireRight (NYSE: HRT) will announce its fourth quarter and full year 2022 earnings after market close on March 9, 2023. A conference call is scheduled for 5:00 PM ET, where management will discuss the results. The call will be webcast on the HireRight website, with a replay available until March 17, 2023. As a leading provider of workforce risk management solutions, HireRight screened over 24 million job applicants in 2022 for approximately 38,000 customers globally, processing a total of over 107 million screens. For more information, visit www.HireRight.com.
HireRight Holdings Corporation (NYSE: HRT) announces the appointment of Larry Kutscher to its Board of Directors and Nominating and Governance Committee, effective February 13, 2023. Kutscher, the current CEO of A Place For Mom, brings extensive executive leadership experience from data and technology sectors, including roles at TravelClick and Register.com. CEO Guy Abramo expressed enthusiasm about Kutscher's operational expertise contributing to HireRight's global growth, enhancing board diversity, and increasing shareholder value. HireRight provides technology-driven workforce risk management solutions, screening over 24 million job applicants in 2022.
HireRight Holdings Corporation (NYSE: HRT) announced that its President and CEO,
HireRight Holdings Corporation (NYSE: HRT) has announced a two-year share repurchase program authorized by its Board of Directors, allowing for the buyback of up to $100 million in common stock. The repurchases will be executed at the company’s discretion through various means, contingent on market conditions and trading volume. As of September 30, 2022, HireRight held $146.5 million in cash, which will fund this initiative. The program aims to enhance shareholder value, although its effectiveness depends on several market factors.
HireRight Holdings Corporation (NYSE: HRT) reported a strong third quarter for 2022, with revenues of $210.3 million, up 3% from the previous year. Operating income surged by 21% to $32.1 million, while net income rose dramatically to $93.3 million, compared to $7.3 million in Q3 2021. Adjusted EBITDA also improved, reaching $54.0 million, marking a solid 26% margin. The company updated its full-year outlook, projecting revenues between $798 million and $805 million, along with a notable reversal of a deferred tax asset valuation allowance contributing to its financial results.
HireRight (NYSE: HRT) will release its third quarter 2022 earnings results after market close on November 3, 2022, followed by a conference call at 5:00 pm ET. The call will be accessible via the HireRight website, providing insights into the company's performance. In 2021, HireRight screened over 29 million job applicants for more than 40,000 customers globally, showcasing its position as a leading provider of workforce risk management and compliance solutions. Investors can participate in the call using provided dial-in options.
HireRight (NYSE: HRT) released its 2022 U.S. Healthcare Spotlight Report, highlighting findings from over 200 healthcare professionals. The report reveals that 53% of respondents faced higher resignation rates, with 42% reporting prolonged job vacancies. Despite challenges in 2021, optimism for 2022 prevails, with 63% expecting workforce growth. Key recruitment strategies include utilizing Facebook, offering salary increases, and implementing effective background screening processes. Importantly, 51% discovered undisclosed criminal convictions during checks, above the North American average of 37%.
HireRight, a leader in global background screening services, is set to exhibit at the 2022 HR Technology Conference & Exposition from September 13-16, 2022, in Las Vegas, Nevada. Attendees can visit Booth #3210 to explore HireRight's extensive partnerships and integrated solutions. Scott Collins, Chief Revenue Officer, emphasizes the event's potential for innovative HR discussions. On September 14, Alonzo Martinez will present on technology's role in employment law. HireRight screened over 29 million applicants in 2021, underscoring its industry impact.
HireRight (NYSE: HRT) released its 2022 U.S. Transportation Spotlight Report, revealing significant recruitment challenges in the transportation sector. Key findings show that 29% of companies experienced workforce reductions, with 47% facing unexpected resignation rates. Looking ahead, 88% of respondents anticipate continued difficulties in finding qualified candidates. To combat these issues, companies are enhancing recruitment strategies, including increased referral incentives and social media use. The report underscores the ongoing impacts of COVID-19 and supply chain disruptions on the industry.
