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Mastech Digital Inc - MHH STOCK NEWS

Welcome to our dedicated news page for Mastech Digital (Ticker: MHH), a resource for investors and traders seeking the latest updates and insights on Mastech Digital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mastech Digital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mastech Digital's position in the market.

News
Mastech Digital, Inc. to Discuss First Quarter 2024 Financial Results on May 8, 2024
Rhea-AI Summary
Mastech Digital, Inc. (NYSE American: MHH) will discuss its first-quarter 2024 financial results on May 8, 2024. The conference call, hosted by CEO Vivek Gupta and CFO Jack Cronin, will take place at 9:00 a.m. Eastern Time. Investors can access the call via dial-in number or live webcast. A replay will be available for 7 days. Domestic and international callers can access the replay using specific numbers and conference code.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.52%
Tags
earnings
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News
Mastech Digital Reports a 20% Year-over-Year Revenue Decline in the Fourth Quarter of 2023
Rhea-AI Summary
Mastech Digital, Inc. (MHH) reported a decline in total consolidated revenues by 20% to $46.1 million in the fourth quarter of 2023, compared to $57.2 million in the same period of 2022. The Data and Analytics Services segment saw revenues of $8.2 million, down from $9.1 million in the fourth quarter of 2022. The IT Staffing Services segment achieved revenues of $37.9 million, compared to $48.1 million in the same period of 2022. The GAAP diluted earnings per share was ($0.46) in the fourth quarter of 2023 versus $0.13 in the fourth quarter of 2022. However, the company had no bank debt and had over $21 million of cash balances on hand as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
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News
Mastech Digital, Inc. to Discuss Fourth Quarter and Full Year 2023 Financial Results on February 7, 2024
Rhea-AI Summary
Mastech Digital, Inc. (MHH) to discuss Q4 and full year 2023 results in conference call on February 7th. CEO and CFO to host the call. Access via dial-in number or webcast. Replay available for 7 days. International and domestic access details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
earnings
News
Mastech Digital Reports a 24% Year-over-Year Revenue Decline in the Third Quarter of 2023
Rhea-AI Summary
Mastech Digital, Inc. reported a decline in total consolidated revenues by 24% to $47.8 million in the third quarter of 2023. The Data and Analytics Services segment saw revenues of $8.0 million, a decrease from $10.1 million in the same quarter last year. The IT Staffing Services segment achieved revenues of $39.8 million, compared to $53.1 million in Q3 2022. GAAP diluted earnings per share were $0.01, down from $0.20 in the previous year. Non-GAAP diluted earnings per share were $0.11, compared to $0.33 in Q3 2022. The company had no bank debt and held $15.9 million of cash balances on hand as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.31%
Tags
none
-
News
Mastech Digital, Inc. To Discuss Third Quarter 2023 Financial Results On November 1, 2023
Rhea-AI Summary
Mastech Digital, Inc. has scheduled a conference call to discuss the results for Q3 2023. The call will be hosted by the CEO, the CEO of Mastech InfoTrellis, and the CFO. The call can be accessed via dial-in number or webcast. A replay of the call will be available for 7 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
earnings
-
News
Sunil Wadhwani and Dr. Romesh Wadhwani Recognized Among Inaugural TIME 100 AI Leaders
Rhea-AI Summary
Sunil and Romesh Wadhwani honored as TIME 100 AI Leaders for their AI innovation in business and healthcare
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
AI
News
Mastech Digital Reports a 16% Year-over-Year Revenue Decline in the Second Quarter of 2023
Rhea-AI Summary
Mastech Digital, Inc. (NYSE American: MHH) announced a 16% decline in total consolidated revenues to $52.2 million in the second quarter of 2023. The Data and Analytics Services segment reported revenues of $8.8 million, down from $11.2 million in 2022, while the IT Staffing Services segment achieved revenues of $43.4 million, compared to $50.9 million in 2022. GAAP diluted earnings per share was ($0.19) in 2023. Non-GAAP diluted earnings per share was $0.11 in 2023, down from $0.30 in 2022. The company had no bank debt and held $18.6 million of cash balances on hand as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.12%
Tags
none
-
News
Mastech Digital, Inc. to Discuss Second Quarter 2023 Financial Results on August 2, 2023
Rhea-AI Summary
Mastech Digital, Inc. (MHH) to Discuss Q2 2023 Results in Conference Call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
earnings
-
News
Mastech Digital announces Expansion into Engineering Staffing Services
Rhea-AI Summary
Mastech Digital enters Engineering Staffing Services business to provide tailored staffing solutions for mission-critical Engineering needs across industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
Tags
none
News
Mastech Digital Reports an 8% Year-over-Year Revenue Decline in a Challenging First Quarter of 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
Tags
none
Stock MHH logo
Mastech Digital Inc

NYSE:MHH

MHH Rankings

#4262 Ranked by Market Cap
#4380 Ranked by Stock Gains
N/A Ranked by Dividends

MHH Stock Data

102.30M
4.42M
71.98%
18.36%
0.07%
Human Resources Consulting Services
Professional, Scientific, and Technical Services
Link
US
Moon Township

About MHH

welcome to mastech digital. we are an it staffing and digital transformation services company. over the years, we have mastered the art of finding the right talent for your it needs in the most efficient way. we understand the growing need for the digital workforce as well as the importance of people who deliver value out of mainstream technologies. we are proud of our engagements with leading corporations across the u.s., helping them staff their it needs on time, every time. backed by robust sourcing practices and screening methodologies, our vibrant teams spread across the u.s. and india are able to drive high levels of staffing efficiencies for our clients. beyond servicing the usual staffing needs efficiently, we have a habitual flair in finding ‘purple squirrels’ – those uncommon and specialized skill sets that are otherwise hard to source. our exposure to the evolution of technology has enabled us to build a practice-based approach to service our clients and has led us to nurtur