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HireRight (NYSE: HRT) will release its fourth quarter 2021 earnings after the market closes on March 21, 2022. The management will host a conference call at 5:00 p.m. ET on the same day. Investors can access the call by dialing 1-855-327-6837 or via the HireRight website. A replay will be available until April 4, 2022. In 2020, HireRight screened over 20 million applicants and serves more than 40,000 global customers, providing background screening and related services.
HireRight (NYSE: HRT) has appointed James LaPlaine to its Board of Directors, where he will also serve on the Privacy and Cybersecurity Committee. LaPlaine, former EVP and Chief Technology Officer of Red Ventures, brings extensive technology strategy experience to the role. CEO Guy Abramo expressed excitement over LaPlaine's understanding of HireRight's technology platform, which aims to enhance growth in technology-driven workforce solutions. HireRight serves over 40,000 customers globally, screening more than 20 million job applicants and contractors in 2020.
HireRight reported a 57% increase in revenues for Q3 2021, totaling $205.0 million, up from $130.7 million in Q3 2020. The company achieved an operating income of $26.5 million, a turnaround from an operating loss of $7.2 million in the previous year. Additionally, net income reached $7.3 million, compared to a net loss of $27.0 million in Q3 2020. HireRight also enhanced its liquidity by utilizing IPO proceeds to pay off significant debt, bolstering its balance sheet. The full-year revenue outlook is set between $713.0 million and $716.0 million.
HireRight (NYSE: HRT) will release its third quarter 2021 earnings results on November 18, 2021, after market close. A conference call discussing the results will take place at 5:00 p.m. ET the same day. Investors can join by calling 1-855-327-6837 or via the company website. A replay will be available until midnight, December 2, 2021. HireRight offers background screening and health services to over 40,000 clients globally, screening more than 20 million candidates in 2020.