Irvine’s HireRight Inc., which screens job applicants for employers, reported higher second-quarter sales and operating profit on Thursday, its first quarterly results since going public in August.
Revenue rose 20% from a year earlier to $18.5 million as HireRight said it added customers and did more business with existing ones.
Operating income rose 24% to $3.1 million.
The company’s net income was off 20% to $1.9 million on tax expenses in the second quarter.
The company raised about $65 million in its public offering. HireRight’s shares are down 5% since then with a market value of $40 million.
