Sterling Check Corp (STER) Tops Q1 EPS by 2c

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

May 9, 2023 7:00 AM EDT

NEW YORK, May 09, 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 first quarter ended March 31, 2023.

First Quarter 2023 Highlights

All results compared to prior-year period.

Revenues decreased 6.6% year-over-year to $179.3 million. Organic constant currency revenue decreased 7.1% and inorganic revenue growth was 1.5%. GAAP net income decreased year-over-year to $0.6 million, or $0.01 per... More