FINANCIALS: ClearStar predicts rise in revenues

US background check firm ClearStar says it expects 2017 revenues to be up 11% on the previous year, according to a trading update for the year ended 31 December 2017.

The update, released this morning, reveals the technology and service provider to the background check industry anticipates revenue of $17.8m (£13.1m), up from $16m in 2016 driven primarily by increasing direct sales and demand for its medical information services.

As a result, the firm adds it expects to report revenue growth and reduced loss before tax for full year 2017 in line with market expectations.

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