HireRight Holdings Corporation Shares Up 20% on Q4 Beat & Outlook
<p><a href='https://financialmodelingprep.com/financial-summary/HRT'>HireRight Holdings Corporation (NYSE:HRT) </a>shares were trading more than 20% higher Tuesday afternoon following the company’s reported  Q4 results, with EPS of $0.32 coming in significantly better than the consensus estimate of $0.07. Revenue was $198.5 million, compared to the consensus estimate of $204.98 million.</p>
<p>The company guided full 2022 revenue growth of 10–12%, above its medium-term organic growth algorithm of 8–10%, driven by the single, unified global technology platform integrated with Applicant Tracking Systems, industry-specific proprietary databases, 250+ products portfolio, and an online platform for the self-service market. </p>
<p>Analysts at RBC Capital believe technology transformation will fuel above 15% profitability growth beginning in the second half of 2022, and management’s tone on the pipeline was positive given comprehensive screening and unified global platform.</p>

NYSE:HRT