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Mastech Digital Inc (A:MHH)

Business Focus: Employment Services

Sector:  Industrials Industry:  Employment Services
 
See Regulatory Filings on SEC
Company Contact
Address: Building 210
1305 Cherrington Pkwy Ste 400
MOON TOWNSHIP PA 15108-4355
Tel: N/A
Website: https://www.mastechdigital.com
IR: See website
Key People
Ashok Trivedi
Co-Chairman of the Board
Sunil Wadhwani
Co-Chairman of the Board
Vivek Gupta
President, Chief Executive Officer, Director
John J. Cronin
Chief Financial Officer, Corporate Secretary
   
Business Overview
Mastech Digital, Inc. is a provider of digital transformation information technology (IT) services. The Company offers data management and analytics solutions, digital learning, and IT staffing services with a digital first approach. The Company operates through two segments: Data and Analytics Services, and IT Staffing Services. Its Data and Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics and cloud services to customers globally. Each of these services can be delivered using on-site and offshore resources. Its IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital and mainstream technologies. Its digital technology services include data management and analytics, cloud, mobility, social and automation. Its digital transformation services also include staffing and project-based services around digital learning.
Financial Overview
For the fiscal year ended 31 December 2023, Mastech Digital Inc revenues decreased 17% to $201.1M. Net loss totaled $7.1M vs. income of $8.7M. Revenues reflect IT staffing services segment decrease of 17% to $166.7M, Data and analytics services segment decrease of 15% to $34.4M, United States segment decrease of 16% to $197.2M, Canada segment decrease of 41% to $2.5M, India and Other segment decrease of 25% to $1.4M.