HireRight Holdings Corp HRT shares are trading significantly higher in Monday's after-hours session after the company announced better-than-expected financial results.
HireRight said fourth-quarter revenue grew 32.3% year-over-year to $198.5 million, which beat the $183.35 million estimate. The company reported quarterly adjusted earnings of 32 cents per share, which beat the estimate of 7 cents per share.
HireRight expects full-year 2022 revenue to be between $805 million and $820 million versus the $768.98 million estimate. The company expects full-year earnings to be in a range of $1.32 to $1.45 per share versus the estimate of 67 cents per share.
HireRight is a global provider of technology-driven workforce risk management and compliance solutions.
HRT 52-Week Range: $10.66 - $19.46
The stock was up 15.3% in after hours trading at $14.51 at publication time.
Photo: Isabelavoliveira from Pixabay.
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