Analyst Summary: HireRight Holdings Corporation, a leading global provider of technology-driven workforce risk management and compliance solutions, announced its financial results for its fourth quarter and year ended December 31, 2022. The company reported gross margins increased by 169 basis points and adjusted EBITDA margins increased by 140 basis points compared to 2021. HireRight's financial performance improvement is attributed to increasing productivity and automation of its operations teams worldwide. While the company remains confident about its financial and competitive position and long-term outlook for the industry, it warned of macro uncertainty and exercised caution. HireRight has $162.7 million in available borrowing capacity under its Revolving Credit Facility. For full-year 2023, HireRight expects revenue growth to be in the range of mid-to-high single digits, adjusted EBITDA margins to improve compared to 2022, and a GAAP effective tax rate for the year to be lower than 2022. As with all forward-looking statements, investors should approach the company's outlook with caution as the impact of the current macro uncertainty cannot be predicted.