HireRight Holdings Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share

3 Months Ended

Mar. 31, 2024

Basic net income (loss) per share (“EPS”) is computed by dividing net income (loss) attributable to HireRight Holdings Corporation stockholders by the weighted average number of outstanding shares during the period.

The weighted average outstanding shares may include potentially dilutive equity awards. Diluted net income (loss) per share includes the effects of potentially dilutive equity awards, which include stock options, restricted

stock units, and performance stock units outstanding during the year. For the three months ended March 31, 2024, and 2023 there were 8,119,366, and 8,338,300 potentially dilutive equity awards, respectively, which were excluded from the calculations of diluted EPS because including them would have had an anti-dilutive effect.

Basic and diluted EPS for the three months ended March 31, 2024 and 2023 were:


	Three Months Ended March 31,
	2024		2023
	(in thousands, except share and per share data)
Numerator:
Net loss attributable to HireRight Holdings Corporation	$	(3,271)	$	(7,911)
Denominator:
Weighted-average shares outstanding - basic	67,351,727		77,285,116
Effect of dilutive equity awards	—		—
Weighted-average shares outstanding - diluted	67,351,727		77,285,116

Net loss per share attributable to HireRight Holdings Corporation:
Basic	$	(0.05)	$	(0.10)
Diluted	$	(0.05)	$	(0.10)