Welcome to our dedicated page for Mastech Digital news (Ticker: MHH), a resource for investors and traders seeking the latest updates and insights on Mastech Digital stock.
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, Inc. (MHH) reported financial results for Q3 2022, highlighting consolidated revenues of $63.2 million, a 6% organic growth from $59.5 million in Q3 2021. The IT Staffing Services segment saw an 8% revenue increase to $53.1 million, while the Data and Analytics Services segment declined by 3.8% to $10.1 million. GAAP diluted earnings per share decreased to $0.20 from $0.28, impacted by a $570,000 cyber-security breach and international operational closures. Cash balances were $3.5 million, with $36.4 million in cash availability.
Mastech Digital, Inc. (NYSE American: MHH) announces the immediate resignation of Ganeshan Venkateshwaran as CEO of its Data and Analytics Services segment. The Board of Directors expresses gratitude for his dedication during his tenure. Vivek Gupta, the current President and CEO, will temporarily oversee this segment until a successor is appointed. Mastech Digital specializes in Digital Transformation IT Services including Data Management and Analytics Solutions, and IT Staffing Services, with operations in the U.S., Canada, Europe, and India.
Mastech Digital, Inc. (NYSE American: MHH) will hold a conference call on November 2, 2022, at 9:00 a.m. Eastern Time, to discuss its financial results for the third quarter ended September 30, 2022. The call will feature CEO Vivek Gupta, CFO Jack Cronin, and Ganeshan Venkateshwaran from Mastech InfoTrellis. Investors can join via a listen-only dial-in or a live webcast. A replay will be available for seven days post-call. Mastech Digital specializes in Digital Transformation IT Services, including Data Management and IT Staffing.
Mastech Digital has launched an online staffing platform that enhances the way clients find IT consultants. This self-service platform integrates with the company's website, allowing users to browse a vast database of candidates based on skills, experience, and location. Clients can select candidates and add them to a 'shopping cart' for evaluation. According to CEO Vivek Gupta, this milestone improves efficiency in onboarding IT professionals. This launch follows previous initiatives like MAS-REMOTE, which connects clients to top remote technology workers.
Mastech Digital achieved significant financial milestones in Q2 2022, reporting $62.1 million in consolidated revenue, a 16% organic increase year-over-year. The Data and Analytics segment excelled with a 26% revenue growth, totaling $11.3 million. IT Staffing recorded $50.9 million in revenue with 23.3% gross margin. GAAP net income declined to $2.4 million or $0.20 per diluted share from $3.7 million a year prior, influenced by previous year's contingent liability revaluation. Non-GAAP earnings rose to $3.6 million or $0.30 per share.
Mastech Digital, Inc. (NYSE American: MHH) will hold a conference call to discuss its second quarter results for the period ending June 30, 2022. The call is scheduled for August 3, 2022, at 9:00 a.m. ET, featuring CEO Vivek Gupta, CFO Jack Cronin, and Ganeshan Venkateshwaran from Mastech InfoTrellis. Investors can join via dial-in or live webcast and should log on 10 minutes early. A replay will be available for 7 days post-call. Mastech Digital specializes in Digital Transformation IT Services, including Data Management and Analytics Solutions.
Mastech Digital (MHH) reported strong financial results for Q1 2022, achieving a record revenue of $59.8 million, a 20% increase year-over-year from $49.8 million in Q1 2021. The Data and Analytics Services segment grew by 15% to $10.2 million, while the IT Staffing segment reached record revenues of $49.6 million with gross margins of 22.9%. GAAP diluted earnings per share rose to $0.19 from $0.10, while non-GAAP earnings increased to $0.28 from $0.19. The company also noted solid demand in its IT Staffing Services and brought on a new CEO for its Data and Analytics Services segment.
Mastech Digital, Inc. (NYSE American: MHH) has scheduled a conference call for April 27, 2022, at 9:00 a.m. ET to discuss its first-quarter financial results for the period ended March 31, 2022. The call will feature remarks from CEO Vivek Gupta, CFO Jack Cronin, and Ganeshan Venkateshwaran, CEO of Mastech InfoTrellis. Investors can join via a listen-only dial-in or through a live webcast. A replay will be available for 7 days following the call. Mastech Digital is a provider of Digital Transformation IT Services, headquartered in Pittsburgh, PA.
Mastech Digital, Inc. (NYSE American: MHH) has appointed Vlad Rak as an independent board member effective April 1, 2022. With over 24 years of technology experience, Mr. Rak has held senior roles at Nike, Disney, and Merck and currently serves as the Chief Technology Officer at Dick's Sporting Goods. The company’s co-chairmen expressed confidence in Mr. Rak's expertise in advanced technologies, believing he will add significant value to Mastech's growth strategies. Mastech Digital specializes in Digital Transformation IT Services, Data Management, Digital Learning, and IT Staffing.
Mastech Digital (NYSE American: MHH) announced the appointment of Ganeshan Venkateshwaran as the new CEO of Mastech InfoTrellis, effective immediately. Venkateshwaran brings extensive leadership experience from previous roles at Trianz and Wipro Technologies, focusing on digital transformation and collaborative success. Co-Chairman Sunil Wadhwani praised his strategic vision, while Venkateshwaran expressed excitement about leading Mastech InfoTrellis to capitalize on growth opportunities in digital services. Mastech Digital specializes in IT services, data management, analytics, and staffing solutions.
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