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Recruiter.com reports a strong rise in 2Q revenue as it continues to grow higher-margin business

Recruiter.com reports a strong rise in 2Q revenue as it continues to grow higher-margin business

Recruiter.com Group, Inc. (NASDAQ:RCRT) CEO Evan Sohn joined Proactive's Stephen Gunnion with details of the company's financial results for the second quarter ended June 30, 2022, which showed a 62% year-over-year rise in revenue to $7.1 million.

Sohn telling Proactive that a sustained shift toward the company's software and on-demand services enabled gross profit to more than double from a year earlier to $2.9 million as its gross margin expanded to 41.2%.