Mastech Digital
About: Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. The company derives a majority of its revenue from IT staffing services. Geographically, the majority of revenue is generated from the United States.
Employees: 1,525
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
47% more capital invested
Capital invested by funds: $20.1M [Q3] → $29.5M (+$9.4M) [Q4]
29% more funds holding
Funds holding: 28 [Q3] → 36 (+8) [Q4]
0.31% less ownership
Funds ownership: 17.25% [Q3] → 16.94% (-0.31%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for MHH.
Financial journalist opinion
Neutral
PRNewsWire
2 weeks ago
Mastech Digital Announces CFO Transition
Kannan Sugantharaman to Join as Chief Financial and Operations Officer on April 14, 2025; Jack Cronin to Step Down After 27 Years of Service. PITTSBURGH , April 7, 2025 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation Services, today announced the appointment of Kannan Sugantharaman as Chief Financial and Operations Officer, effective April 14, 2025.
Positive
Seeking Alpha
2 weeks ago
Mastech Digital Is Valued Like A Turnaround, Now It Needs To Earn It
Mastech Digital, Inc. shows improved margins and profitability but lacks clear growth strategy and forward guidance, justifying a "Hold" rating. Despite strong quarterly gains, demand-side fragility and execution risks persist, impacting near-term revenue growth. The company has a healthy cash position but lacks strategic initiatives to effectively deploy capital for immediate value creation.
Neutral
Seeking Alpha
2 months ago
Mastech Digital, Inc. (MHH) Q4 2024 Earnings Call Transcript
Mastech Digital, Inc. (NYSE:MHH ) Q4 2024 Results Conference Call February 19, 2025 9:00 AM ET Company Participants Jenna Lacey - Manager-Legal Affairs Nirav Patel - Chief Financial Officer Jack Cronin - Chief Financial Officer Conference Call Participants Lisa Thompson - Zacks Investment Research Marc Riddick - Sidoti & Company Operator Greetings, and welcome to the Mastech Digital Q4 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Neutral
PRNewsWire
2 months ago
Mastech Digital Reports Consolidated Fourth Quarter Revenue Growth of 10.2%
The Company's Data and Analytics Services Segment achieved 26.2% Revenue Growth during Quarter PITTSBURGH , Feb. 19, 2025 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the fourth quarter and full year ended December 31, 2024. Additionally, Mastech Digital announced that its Board of Directors authorized an extension of the previously announced share repurchase program for an additional year through February 8, 2026.
Neutral
PRNewsWire
2 months ago
Mastech Digital, Inc. to Discuss Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025
PITTSBURGH , Feb. 12, 2025 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, has scheduled a conference call to discuss the results for the fourth quarter and full year ended December 31, 2024. The conference call will occur on Wednesday, February 19th at 9:00 a.m.
Neutral
PRNewsWire
3 months ago
Mastech Digital Announces New Employee Inducement Grant Under NYSE American Listed Company Guide Rule Sec. 711
PITTSBURGH , Jan. 7, 2025 /PRNewswire/ -- Mastech Digital, Inc. (the 'Company') (NYSE AMERICAN: MHH), a leading provider of Digital Transformation Services, today announced that the Company made an award of non-qualified stock options to purchase up to 702,358 shares of the Company's common stock to its new President and Chief Executive Officer, Nirav Patel, effective on his start date, January 6, 2025 (the "Effective Date"). The award was made pursuant to the Company's previously announced Executive Employment Agreement with Mr.
Neutral
PRNewsWire
4 months ago
Mastech Digital Names Nirav Patel as President and Chief Executive Officer and Member of the Board
Nirav Patel will join Mastech Digital on January 6, 2025. Vivek Gupta to Step Down as President and CEO and Director of the Board After 9 Years of Leadership.
Neutral
Seeking Alpha
5 months ago
Mastech Digital, Inc. (MHH) Q3 2024 Earnings Call Transcript
Mastech Digital, Inc. (NYSE:MHH ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Jenna Lacey – Manager-Legal Affairs Jack Cronin – Chief Financial Officer Vivek Gupta – Chief Executive Officer Conference Call Participants Lisa Thompson – Zacks Investment Research Marc Riddick – Sidoti Operator Greetings and welcome to the Mastech Digital Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Neutral
PRNewsWire
5 months ago
Mastech Digital Reports 8% Year-over-Year Revenue Growth and 5% Sequential Revenue Growth for the Third Quarter 2024
Consolidated Gross Margins of 28.5% Set a New Mastech Digital Record for the Quarter PITTSBURGH , Nov. 6, 2024 /PRNewswire/ -- Mastech Digital, Inc. (NYSE AMERICAN: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Total consolidated revenues increased by $4.1 million on a year-over-year basis and by $2.3 million on a sequential quarterly basis to $51.8 million and represented our third consecutive quarter of revenue growth; The Company's Data and Analytics Services segment reported revenues of $9.4 million, which were 17% higher than revenues in the third quarter of 2023 and 6% higher on a sequential basis from the second quarter of 2024; The IT Staffing Services segment delivered revenues of $42.4 million, achieving year-over-year growth of 7% and sequential quarterly growth of 4% when compared to revenues reported in the second quarter of 2024; Gross margins achieved during the third quarter of 2024 were a Company performance record 28.5%, surpassing our previous gross margin record from the previous quarter; GAAP diluted earnings per share was $0.16 in the third quarter of 2024, versus $0.01 in the third quarter of 2023 and $0.12 in the second quarter of 2024; and Non-GAAP diluted earnings per share was $0.23 in the third quarter of 2024, versus $0.11 in the third quarter of 2023 and $0.19 in the second quarter of 2024.
Neutral
PRNewsWire
5 months ago
Mastech Digital, Inc. to Discuss Third Quarter 2024 Financial Results on November 6, 2024
PITTSBURGH , Oct. 30, 2024 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, has scheduled a conference call to discuss the results for the third quarter ended September 30, 2024. The conference call will occur on Wednesday, November 6th at 9:00 a.m.
Charts implemented using Lightweight Charts™