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.

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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.

Brand Alignment in Asia Pacific Signals the Introduction of New Technology and An Era of Innovation from Leading Screening Provider Brand Alignment in Asia Pacific Signals the Introduction of New Technology and An Era of Innovation from Leading Screening Provider

Sterling Launches Enhanced Capabilities in Asia Pacific Region

Call End: Sterling Check Corp. (NASDAQ:STER ) Q3 2023 Earnings Conference Call November 08, 2023, 08:30 AM ET Company Participants Judah Sokel - Senior Vice President, Finance Joshua Peirez - Chief Executive Officer Peter Walker - Chief Financial Officer Conference Call Participants Mark Marcon - Baird Ronan Kennedy - Barclays Toni Kaplan - Morgan Stanley Andrew Nicholas - William Blair George Tong - Goldman Sachs Andrew Steinerman - JPMorgan Kyle Peterson - Needham Shlomo Rosenbaum - Stifel Devin Au - KeyBanc Operator Hello everyone and welcome to the Sterling Third Quarter 2023 Earnings Call. My name is Seth and I will be the operator for your call today.

Sterling Check Corp. (STER) Q3 2023 Earnings Call Transcript

Sterling Check Corp. (STER) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.29 per share a year ago.

Sterling Check Corp. (STER) Misses Q3 Earnings and Revenue Estimates

INDEPENDENCE, Ohio, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights All results compared to prior-year period.

Sterling Reports Third Quarter 2023 Results

INDEPENDENCE, Ohio, Oct. 19, 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 third quarter of fiscal year 2023 before the market opens on Wednesday, November 8, 2023. 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 2023 Earnings Results and Host Conference Call on November 8, 2023

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INDEPENDENCE, Ohio, Sept. 08, 2023 (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 attend the following upcoming investor events:

Sterling to Attend Upcoming Investor Conferences

Sterling Check Corp. (NASDAQ:STER ) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Judah Sokel - Senior Vice President, Finance Josh Peirez - Chief Executive Officer Peter Walker - Chief Financial Officer Conference Call Participants Mark Marcon - Baird Andrew Nicholas - William Blair Toni Kaplan - Morgan Stanley Kyle Peterson - Needham George Tong - Goldman Sachs Scott Wurtzel - Wolfe Research Adam Parrington - Stifel Operator Good morning. And welcome to the Sterling Second Quarter 2023 Earnings Call.

Sterling Check Corp. (STER) Q2 2023 Earnings Call Transcript

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It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Trip.com (TCOM), Dr. Reddy's (RDY), Sterling Check (STER) and MINISO Group (MNSO) are poised to gain.

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Sterling Check Corp. (STER) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.33 per share a year ago.

Sterling Check Corp. (STER) Surpasses Q2 Earnings Estimates

Continued Successful Execution Towards 2023 Goals and Long-Term Strategy Extended Exclusive Partnership with ID.me Through 2028, Continuing Our Focus on Expanding Identity Verification Solutions INDEPENDENCE, Ohio, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights All results compared to prior-year period.

Sterling Reports Second Quarter 2023 Results

The consensus price target hints at a 30.6% upside potential for Sterling Check Corp. (STER). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

How Much Upside is Left in Sterling Check Corp. (STER)? Wall Street Analysts Think 30.61%

Global Business Leader to Serve as a Member of the Board, Audit Committee and Nominating & Corporate Governance Committee Global Business Leader to Serve as a Member of the Board, Audit Committee and Nominating & Corporate Governance Committee

Sterling Appoints Independent Director Kristin Johnsen to its Board of Directors

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Sterling Check Corp is growing despite a shrinking base business, thanks to new customer acquisitions, cross-selling, and higher retention rates. The company benefits from the growing importance of identity verification in the gig economy. The implementation of Project Nucleus and management's cost-saving measures improve cost optimization and margin profile, positioning STER for long-term sustainability and profitability.

Sterling Check: Reiterate Buy On Margin Expansion Unlocking Value

NEW YORK, June 07, 2023 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced the pricing of an underwritten secondary public offering (the “Offering”) of 8,000,000 shares of its common stock by certain of its existing stockholders affiliated with The Goldman Sachs Group, Inc. at a price to the public of $12.25 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock. The offering is expected to close on June 12, 2023, subject to the satisfaction of customary closing conditions.

Sterling Announces Pricing of Secondary Public Offering

NEW YORK, June 06, 2023 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced the launch of an underwritten secondary public offering (the “Offering”) of 8,000,000 shares of its common stock by certain of its existing stockholders affiliated with The Goldman Sachs Group, Inc. In addition, the selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock.

Sterling Announces Launch of Secondary Public Offering and Concurrent Share Repurchase

Leading Provider of Background and Identity Services Recognized for Talent Acquisition, Best Comprehensive Solution Leading Provider of Background and Identity Services Recognized for Talent Acquisition, Best Comprehensive Solution

Sterling Named HR Tech Award Winner for Third Consecutive Year

NEW YORK, May 23, 2023 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling”), a leading global provider of technology-enabled background and identity verification services, today announced that company management will attend the following upcoming investor conferences:

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

Sterling Check Corp. (NASDAQ:STER ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Judah Sokel - Head of Treasury and IR Joshua Peirez - CEO Peter Walker - CFO Conference Call Participants George Tong - Goldman Sachs Daniel Maxwell - William Blair Greg Parrish - Morgan Stanley Alex Hess - JPMorgan Scott Wurtzel - Wolfe Research Mark Marcon - Baird Devin Au - KeyBanc Capital Markets James Holmes - Stifel Operator Thank you for attending today's Sterling First Quarter 2023 Earnings Call. My name is Megan and I'll be your moderator for today's call.

Sterling Check Corp. (STER) Q1 2023 Earnings Call Transcript

NEW YORK, May 12, 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 second quarter of fiscal year 2023 before the market opens on Tuesday, August 8, 2023. 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 2023 Earnings Results and Host Conference Call on August 8, 2023

Sterling Check Corp. (STER) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.25 per share a year ago.

Sterling Check Corp. (STER) Tops Q1 Earnings and Revenue Estimates

Reaffirming 2023 Full Year Guidance for Revenues, Adjusted EBITDA and Adjusted Net Income Reaffirming 2023 Full Year Guidance for Revenues, Adjusted EBITDA and Adjusted Net Income

Sterling Reports First Quarter 2023 Results with Successful Execution Towards 2023 Goals and Long-Term Strategy

NEW YORK, March 16, 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 first quarter of fiscal year 2023 before the market opens on Tuesday, May 9, 2023. 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 2023 Earnings Results and Host Conference Call on May 9, 2023

Sterling Check Corp (NASDAQ:STER ) Q4 2022 Earnings Conference Call March 2, 2023 8:30 AM ET Company Participants Judah Sokel - VP of IR Joshua Peirez - CEO & Director Peter Walker - EVP & CFO Conference Call Participants Mark Marcon - Baird Alex Hassan - JPMorgan Ronan Kennedy - Barclays Kyle Peterson - Needham Andrew Nicholas - William Blair Toni Kaplan - Morgan Stanley Scott Wilson - Wolfe Research Shlomo Rosenbaum - Stifel Jason Celino - KeyBanc Operator Good morning or good afternoon, all and welcome to the Sterling Fourth Quarter 2022 Earnings Call. My name is Adam and I'll be your operator for today.

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