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Recruiter.com 1Q revenue surge driven by recruiters on demand growth and software subscriptions

Recruiter.com 1Q revenue surge driven by recruiters on demand growth and software subscriptions

Recruiter.com Group Inc. has reported a 117% jump in its first-quarter revenue driven by significant changes to the company’s revenue mix as it shifts to its higher-margin, technology-oriented business. In a statement, the company attributed its strong revenue growth to a 339% growth in the recruiters on demand business and continued growth in software subscriptions, with these two segments accounting for 61% and 10% of the company’s total revenue during the quarter respectively.