FINANCIALS: US ClearStar expects rise in revenue

US background checking firm ClearStar said it expects to report a 12% increase in year-on-year revenue in a trading update for the six months ended 30 June 2017.

The update, released by the US-based background check technology provider, revealed it expects revenue of $8.9m (£6.9m), up from $8m on the same period last year.

The firm attributed this growth to an increase in direct sales created by growing demand for its services from the transport and home healthcare industries, in addition to a booming gig economy and improving US labour market.

The firm’s interim results announcement is anticipated in September 2017.

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