| Over a month ago | ||||
Reports Q4 revenue $57.2M… Reports Q4 revenue $57.2M vs. $59M a year ago. | ||||
| Over a quarter ago | ||||
Mastech Digital announced… Mastech Digital announced the appointment of Michael Fleishman as the CEO of Mastech InfoTrellis effective immediately. The company said: "In this role, Mr. Fleishman will lead our Data and Analytics Services segment in becoming a true Digitally Integrated Business by capitalizing on the Company's core strengths in data management, data analytics and cloud services. Fleishman's record of driving revenue growth for large and medium-size enterprises is an attractive attribute at this stage of our Company's evolution." | ||||
Reports Q3 revenue… Reports Q3 revenue $63.2M, consensus $64.11M. Vivek Gupta, the Company's President and CEO stated, "Both of our business segments came under a bit of stress during the quarter. Our Data & Analytics Services segment was unable to fully deploy the second quarter ramp-up of billable resources, resulting in lower revenues and sub-par utilization. There was also a project cost over-run that impacted our gross margin performance in this segment. Our IT Staffing segment, on the other hand, delivered positive financial results in third quarter, although we did experience some decline in staffing demand as we've seen customers controlling their staffing spend in anticipation of potential recessionary conditions." | ||||
Reports Q2 revenue… Reports Q2 revenue $62.1M, consensus $61.28M. CEO Vivek Gupta stated, "Both of our business segments delivered solid double digit year-over-year revenue growth, as well as strong sequential revenue growth during the quarter. While net income was impacted by investments made in the Data and Analytics segment to support future growth and strengthen our cloud services capabilities, I am very pleased with our overall strategic progress during the quarter." | ||||
Reports Q1 revenue $59.8M… Reports Q1 revenue $59.8M vs. $49.8M a year ago. "2022 is off to a strong start with solid financial results in a quarter that has historically been weak", said CEO Vivek Gupta. "Both of our business segments had sequential revenue growth, strong year-over-year top-line growth and solid operating profits. Additionally, we brought onboard Ganeshan Venkateshwaran, a seasoned leader with an impressive track record of successes in the digital transformation services space, as the CEO of our Data and Analytics Services segment. Ganeshan joins us with a wealth of knowledge around advanced technologies and digital transformation services to lead the next phase of growth for Mastech InfoTellis." | ||||
