Mastech Digital Inc (MHH) Q3 2024 Earnings Call Highlights: Record Gross Margins and Strong ... [Yahoo! Finance]
Mastech Digital, Inc (MHH)
NASDAQ:AMEX Investor Relations:
mastechdigital.com/investors
Company Research
Source: Yahoo! Finance
IT Staffing Services Revenue: $42.4 million, a 7% year-over-year increase. Gross Profit: $14.8 million, an 18% improvement year-over-year. Gross Margin: 28.5%, a company record. Data and Analytics Services Gross Margin: IT Staffing Services Gross Margin: 23.6%, a company record. GAAP Net Income: $1.9 million or $0.16 per diluted share. Non-GAAP Net Income: $2.8 million or $0.23 per diluted share. Cash Balance: $23.9 million as of September 30, 2024. SG&A Expenses: 23.8% of revenues, down from 26.4% in Q3 2023. Day Sales Outstanding: 55 days. Warning! GuruFocus has detected 4 Warning Signs with DIN. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Mastech Digital Inc ( MHH ) reported an 8% year-over-year revenue growth for Q3 2024, totaling $51.8 million. The Data and Analytics Services segment saw a 17% increase in revenue year-over-year, with gross margins rising to 50.7%.
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MHH
News
- Mastech Digital, Inc. (NYSE: MHH) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Mastech Digital Non-GAAP EPS of $0.23 beats by $0.10, revenue of $51.8M beats by $2.41M [Seeking Alpha]Seeking Alpha
- Mastech Digital Reports 8% Year-over-Year Revenue Growth and 5% Sequential Revenue Growth for the Third Quarter 2024PR Newswire
- Mastech Digital, Inc. (NYSE: MHH) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Mastech Digital, Inc. to Discuss Third Quarter 2024 Financial Results on November 6, 2024PR Newswire
MHH
Earnings
- 11/6/24 - Beat
MHH
Sec Filings
- 11/13/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 8/23/24 - Form 4
- MHH's page on the SEC website