Sterling Check Corp

Sterling Check Corp. engages in the provision of technology-enabled background and identity verification services. It offers hiring and risk management solution that begins with identity verification, followed by criminal background screening, credential verification, drug and health screening, processing of employee documentation required for onboarding and ongoing risk monitoring. The company was founded in 1975 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q2 2024

Earnings data Q3 2024

Sterling Check Corp achieves record 2022 earnings, eyes growth opportunities

Sterling Check Corp delivered strong financial performance in 2022, with record revenues and successful acquisitions driving growth.
While facing challenges such as revenue contractions and margin pressures, the company remains focused on innovation and cost optimization.
Opportunities lie in revenue enhancement through pricing strategies, growth in identity verification services, and competitive market positioning.
With a resilient business model and strategic outlook, Sterling is poised for sustainable growth and market expansion in 2023 and beyond.

Sterling Check Corp meets Q1 expectations, eyes margin expansion

Sterling's Q1 2023 performance met expectations with revenue decline
Focus on organic growth, cost optimization, and M&A for future success
Challenges include base volume trends and delayed client timelines
Opportunities lie in margin expansion, international markets, and AI applications

Sterling Check Corp reports strong Q2 performance and eyes growth opportunities

Sterling Check Corp's Q2 performance reflects robust revenue growth and margin expansion, underpinned by cost optimization and strong client acquisition.
While facing challenges from macro conditions and base growth slowdown, the company's competitive advantages and strategic initiatives position it for long-term success.
Opportunities lie in the growth of identity solutions, cost savings, and revenue diversification, signaling a positive outlook for Sterling Check Corp's future growth.

Sterling Check Corp reports Q3 revenue challenges but eyes growth

Sterling Check Corp's Q3 performance showcased revenue challenges but strong cost management and organic growth.
The company's focus on innovation, cost optimization, and strategic partnerships positions it well for future growth.
While facing revenue declines and macro uncertainties, Sterling remains optimistic about long-term targets and opportunities for expansion.

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Sterling Check Corp. engages in the provision of technology-enabled background and identity verification services. It offers hiring and risk management solutions that begin with identity verification, followed by criminal background screening, credential verification, drug and health screening, processing of employee documentation required for onboarding and ongoing risk monitoring. The company was founded in 1975 and is headquartered in Independence, OH.

Sterling Check Corp. (STER) delivered earnings and revenue surprises of -19.23% and 4.79%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sterling Check Corp. (STER) Lags Q4 Earnings and Revenue Estimates

New company records for annual Revenue, GAAP Net Income, Adjusted EBITDA, and Adjusted Net Income

Sterling Reports Fourth Quarter and Full Year 2022 Results

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“ Sterling ”), a leading global provider of background screening and identity services, today announced that it has acquired A-Check Global in a highly complementary deal that will expand Sterling's presence in key US verticals, including Healthcare, Industrials, and TechMedia.

Sterling Expands Through Acquisition of A-Check Global

NEW YORK, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced that it will release financial results for the fourth quarter of fiscal year 2022 before the market opens on Thursday, March 2, 2023. Sterling will hold a conference call to discuss the results that same day at 8:30 a.m. Eastern Time.

Sterling to Report Fourth Quarter 2022 Earnings Results and Host Conference Call on March 2, 2023

Sterling Check Corp. is among the largest provider of background screening and identity verification services to Enterprise clients. Volume growth and cross-selling opportunities set the path to 9-11% organic growth.

Sterling Check Corp.: Growth Story With An Attractive Risk-Reward

NEW YORK, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“ Sterling ”), a leading global provider of background screening and identity services, today announced that it has acquired Socrates Ltd. (“Socrates”), the largest independent screening company in Latin America. This acquisition expands Sterling's global presence into Latin America to serve the rapidly growing regional hiring needs of both multi-national and local clients.

Sterling Acquires Socrates Ltd., Latin America's Largest Independent Background Screening Company

Now, more than ever, it's crucial to check someone's identity before hiring. STER is a leader with global reach.

Sterling Check: Ensuring Companies Stay On The Right Side Of Compliance During Employment

Credit facility enhances capital structure and financial flexibility while reducing interest expense

Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program

NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced that CEO Josh Peirez and CFO Peter Walker will be attending the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 17, 2022.

Sterling to Attend J.P. Morgan Ultimate Services Investor Conference on Thursday, November 17, 2022

Sterling Check Corp (NASDAQ:STER ) Q3 2022 Results Conference Call November 9, 2022 8:30 AM ET Company Participants Judah Sokel - VP of IR Josh Peirez - CEO and Director Peter Walker - Executive VP and CFO Peter Walker - Executive VP and CFO Conference Call Participants Shlomo Rosenbaum - Stifel Ronan Kennedy - Barclays Toni Kaplan - Morgan Stanley Andrew Nicholas - William Blair Kyle Peterson - Needham Andrew Steinerman - JPMorgan George Tong - Goldman Sachs Owen McAvoy - Wolfe Research Mark Marcon - Baird Operator Hello everyone and welcome to the Sterling Third Quarter 2022 Earnings Call. My name is Seb, and I'll be the operator for your call today.

Sterling Check Corp (STER) Q3 2022 Earnings Call Transcript

Sterling Check Corp. (STER) delivered earnings and revenue surprises of -3.33% and 0.89%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Sterling Check Corp. (STER) Q3 Earnings Lag Estimates

Third Quarter 2022 Revenue Growth of 17.5%; Organic Constant Currency Revenue Growth of 12.4%

Sterling Reports Third Quarter 2022 Results

Sterling and Yoti will integrate unique digital identity verification workflow into the hiring process throughout EMEA and APAC The move will strengthen pre-employment checks for companies worldwide The two companies will also introduce secure digital identities for candidates that they can share with other businesses and organizations for multiple use cases NEW YORK , Nov. 8, 2022 /PRNewswire/ --  Sterling (NASDAQ: STER), a leading provider of background and identity solutions, is partnering with digital identity company Yoti, to streamline background checks and expand their digital identity solutions. This collaboration brings together Sterling's more than 45 years of expertise in background screening with Yoti's innovative identity verification technology.

Sterling Partners with Yoti to Launch an Exclusive Portable Digital Identity Solution Internationally

NEW YORK, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced that it will release financial results for the third quarter of fiscal year 2022 before the market opens on Wednesday, November 9, 2022. Sterling will hold a conference call to discuss the results that same day at 8:30 a.m. Eastern Time.

Sterling to Report Third Quarter 2022 Earnings Results and Host Conference Call on November 9, 2022

The mean of analysts' price targets for Sterling Check Corp. (STER) points to a 25.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can Sterling Check Corp. (STER) Climb 26% to Reach the Level Wall Street Analysts Expect?

Sterling Check Corp (NASDAQ:STER ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Judah Sokel - Vice President of Investor Relations Josh Peirez - Chief Executive Officer Peter Walker - Chief Financial Officer Conference Call Participants George Tong - Goldman Sachs Manav Patnaik - Barclays Daniel Maxwell - William Blair Greg Parrish - Morgan Stanley Alex Hess - JPMorgan Darrin Peller - Wolfe Research Mark Marcon - Baird Adam Parrington - Stifel Operator Hello, and welcome to Sterling Second Quarter 2022 Earnings Call. My name is Harry and I'll be coordinating your call today.

Sterling Check Corp (STER) CEO Josh Peirez on Q2 2022 Results - Earnings Call Transcript

Second Quarter 2022 Revenue Growth of 29.0%; Organic Constant Currency Revenue Growth of 22.8%

Sterling Reports Record Second Quarter 2022 Results

NEW YORK, June 03, 2022 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced that CEO Josh Peirez and CFO Peter Walker will be attending the following upcoming investor conferences:

Sterling to Attend Upcoming Investor Conferences in New York City, Boston, and Chicago

Sterling Check Corp (NASDAQ:STER ) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Judah Sokel - VP of IR Joshua Peirez - CEO and Director Peter Walker - Executive VP and CFO Conference Call Participants George Tong - Goldman Sachs Alexander Hess - JPMorgan Gregory Parrish - Morgan Stanley Andrew Nicholas - William Blair Mark Marcon - Baird Devin Au – KeyBanc Operator Good morning or good afternoon, and welcome to the Sterling First Quarter 2022 Earnings Call. My name is Adam, and I'll be your operator today.

Sterling Check Corp (STER) CEO Joshua Peirez on Q1 2022 Results - Earnings Call Transcript

NEW YORK, May 11, 2022 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced that it will release financial results for the second quarter of fiscal year 2022 before the market opens on Tuesday, August 9, 2022. Sterling will hold a conference call to discuss the results that same day at 8:30 a.m. Eastern Time.

Sterling to Report Second Quarter 2022 Earnings Results and Host Conference Call on August 9, 2022

First Quarter 2022 Revenue Growth of 37.7%; Organic Constant Currency Revenue Growth of 30.4%

Sterling Reports Record First Quarter 2022 Results

Sterling Check has been doing quite alright, the business and shares that is, since the public offering. The strong 2021 performance is set to be replicated in 2022 with momentum being very strong.

Sterling Check: Still Ticking A Lot Of Boxes

NEW YORK, March 24, 2022 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced that it will release financial results for the first quarter of fiscal year 2022 before the market opens on Tuesday, May 10, 2022. Sterling will hold a conference call to discuss the results that same day at 8:30 a.m. Eastern Time.

Sterling to Report First Quarter 2022 Earnings Results and Host Conference Call on May 10, 2022

The mean of analysts' price targets for Sterling Check Corp. (STER) points to a 28.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Sterling Check Corp. (STER) Could Rally 28%: Here's is How to Trade

The mean of analysts' price targets for Sterling Check Corp. (STER) points to a 35.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

News for Sterling Check Corp Stock (STER)