Mastech Digital Reports 8% Year-over-Year Revenue Growth and 5% Sequential Revenue Growth for the Third Quarter 2024
Mastech Digital, Inc (MHH)
NASDAQ:AMEX Investor Relations:
mastechdigital.com/investors
Company Research
Source: PR Newswire
Consolidated Gross Margins of 28.5% Set a New Mastech Digital Record for the QuarterPITTSBURGH, 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
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MHH
News
- Mastech Digital, Inc. (NYSE: MHH) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Mastech Digital Names Nirav Patel as President and Chief Executive Officer and Member of the Board [Yahoo! Finance]Yahoo! Finance
- Mastech Digital Names Nirav Patel as President and Chief Executive Officer and Member of the BoardPR Newswire
- Mastech Digital, Inc. (NYSE: MHH) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Mastech Digital, Inc. (NYSE: MHH) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
MHH
Earnings
- 11/6/24 - Beat
MHH
Sec Filings
- 12/16/24 - Form S-8
- 12/16/24 - Form 8-K
- 11/13/24 - Form 10-Q
- MHH's page on the SEC website