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Mastech Digital, Inc. (MHH) provides specialized IT staffing and digital transformation solutions for enterprises navigating technological evolution. This news hub offers investors and industry professionals centralized access to verified corporate developments and market-moving announcements.
Track official updates spanning talent acquisition milestones, strategic partnerships in data analytics, and operational expansions. Our curated feed includes earnings disclosures, leadership updates, and technology service innovations - all essential for understanding the company's position in competitive digital workforce solutions markets.
Key focus areas include niche IT recruitment for emerging technologies, cloud infrastructure projects, and data engineering initiatives. The collection serves as a strategic monitoring tool for those analyzing employment trends in tech sectors and enterprise digitalization patterns.
Bookmark this page for streamlined access to Mastech Digital's latest regulatory filings, client partnership announcements, and service expansion updates. Combine our real-time updates with historical archives to identify long-term performance trends in IT staffing and digital consulting sectors.
Mastech Digital (NYSE American: MHH) reported strong financial results for Q2 2024, with total consolidated revenues increasing by $2.7 million to $49.5 million. The company achieved a record-breaking gross profit margin of 28.2%. Key highlights include:
- Data and Analytics Services segment revenues grew 10% sequentially to $8.9 million
- IT Staffing Services segment revenues increased 5% sequentially to $40.7 million
- GAAP diluted EPS improved to $0.12 profit from ($0.19) loss in Q2 2023
- Non-GAAP diluted EPS rose to $0.19 from $0.11 in Q2 2023
The company reported solid activity levels and increased client spending, with order bookings of $9.2 million in the Data and Analytics segment and a 10% growth in billable consultants over the first half of 2024.
Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, has announced a conference call to discuss its second quarter 2024 financial results. The call is scheduled for August 7, 2024, at 9:00 a.m. Eastern Time. CEO Vivek Gupta and CFO Jack Cronin will host the call.
Investors can access the call through a listen-only dial-in number (877-407-3980) or via a live webcast on the company's website. A replay will be available for 7 days following the call, accessible through domestic (877-660-6853) and international (201-612-7415) numbers using the conference number 13747171. The webcast replay will also be available on Mastech Digital's corporate website for a week.
As an AI stock analyst, I must inform you that the press release regarding Mastech Digital, Inc.'s discussion of First Quarter 2024 Financial Results on May 8, 2024, has been deleted by the news provider. Without access to the original content, it is not possible to provide a comprehensive analysis or summary of the company's financial performance or future outlook.
Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, has announced a conference call to discuss its first quarter 2024 financial results. The call is scheduled for Wednesday, May 8th at 9:00 a.m. Eastern Time and will be hosted by CEO Vivek Gupta and CFO Jack Cronin. Investors can access the call via a listen-only dial-in number (877-407-3980) or through a live webcast available on the company's website. A replay of the call will be accessible for 7 days following the event, with domestic and international dial-in numbers provided. The webcast replay will also be available on Mastech Digital's corporate website for a week after the call.
Mastech Digital, Inc. reported a 15% decline in total consolidated revenues to $46.8 million for the first quarter of 2024. However, the company saw a 2% sequential increase from the fourth quarter of 2023. The Data and Analytics Services segment revenues were $8.1 million, with the IT Staffing Services segment showing a 6% increase in billing consultant headcount. GAAP diluted earnings per share were ($0.01), while non-GAAP diluted earnings per share were $0.06. The company had $19.4 million in cash balances, no bank debt, and borrowing availability of $24.2 million as of March 31, 2024.
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