{"schema_version":"secwatch.filing_event.v1","accession":"0001645070-24-000073","form_type":"8-K","ticker":null,"cik":"0001645070","company_name":"Sterling Check Corp.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.402912+00:00","generated_at":"2026-06-02T06:10:02.369655+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sterling Q1 revenue up 3.8% to $186M but net loss of $8M; adjusted EBITDA down 15.5%","bullets":["Revenue $186.0M, +3.8% YoY; organic constant currency revenue declined 4.9%.","GAAP net loss $8.0M ($0.09 diluted loss) vs prior year net income $0.6M.","Adjusted EBITDA $38.5M, -15.5% YoY; margin 20.7%, down 470 bps.","Adjusted EPS $0.19 diluted, -20.8% YoY, due to mix shift toward lower-margin revenues.","Acquired Vault for ~$76M in Jan; pending merger with First Advantage announced Feb 28."],"urls":{"canonical":"https://secwatch.observer/filing/0001645070-24-000073","json":"https://secwatch.observer/filing/0001645070-24-000073.json","markdown":"https://secwatch.observer/filing/0001645070-24-000073.md","text":"https://secwatch.observer/filing/0001645070-24-000073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1645070/000164507024000073/0001645070-24-000073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1645070/000164507024000073/ster-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:10:02.369655+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f02f4ae0713b41895c3fc7908c3af7c335828d15","claim":"Sterling Check Corp. reported for the first quarter ended March 31, 2024 results: revenue $186.0 million, net income $(7,955), EPS $(0.09) per diluted share.","evidence_excerpt":"results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights All results compared to prior-year period. • Revenues increased 3.8% year-over-year to $186.0 million. Organic constant currency revenue decreased 4.9% and inorganic revenue growth was 8.7%. Organic revenue growth included growth of 11% year-over-year from the combination of new","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1645070/000164507024000073/0001645070-24-000073-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$186.0 million"},{"label":"Net income","value":"$(7,955)"},{"label":"EPS","value":"$(0.09) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}