Recruiter.com CEO, Evan Sohn joined Christine Corrado from Proactive, NY, to discuss revenue growth through the end of 2021. Sohn reports that Recruiter.com Group, Inc. (NASDAQ:RCRT), is expected to see revenue growth of over 25% for the third and fourth quarters of fiscal 2021.
“We’re really excited that our model has been proven out, our expansions going, we’re growing organically incredibly quickly,” said Sohn, “We’re really set for ending the year great and we’re excited about the future as well.”
Sohn states that over the past year the amount of recruiters out on assignment has jumped from 15 to close to 200. A career community for recruiters has also been added to the company's marketplace in order to drive leads and revenue.
Sohn also touched on the recent report from the Department of Labor, which revealed that 4.3 million Americans quit their jobs this August. “We predicted this, the great resignation, and what it really shows is that the demand for candidates is even stronger than it ever was and what companies need to do is to really step up, double down, put the foot on the gas of all their candidate acquisition programs.”
About Recruiter.com Group, Inc.
Recruiter.com is a recruiting solutions platform that rapidly delivers the right talent to both small and large businesses. With recruiting software and a network of on-demand recruiters, Recruiter.com delivers on-tap talent solutions that flex with hiring needs. To learn more, visit https://www.recruiter.com.
For investor information, visit https://investors.recruiter.com
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Company Contact:
Nicole Gallina
Corporate Communications
investors@recruiter.com
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast" "believe," "may," "estimate," "continue," "anticipates," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2020. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statements publicly, whether as a result of new information, future developments, or otherwise, except as may be required by law.
SOURCE: Recruiter.com Group, Inc.
