Mastech Digital, Inc. to Discuss Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Feb 12 2025

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Source: Newsfilter

Conference Call Announcement: Mastech Digital, Inc. has scheduled a conference call for February 19, 2025, at 9:00 a.m. ET to discuss its fourth quarter and full year financial results for 2024, hosted by CEO Nirav Patel and CFO Jack Cronin.
Company Overview: Mastech Digital is a leading provider of Digital Transformation IT Services, offering solutions in Data Management, Analytics, Digital Learning, and IT Staffing, with operations in the U.S., Canada, Europe, and India.

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About MHH

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’s segments include 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 of 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.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Executives of IBM and Mastech Digital Increase Stock Holdings

6 days agoNASDAQ.COM

IBM Executive Purchase: David N. Farr of International Business Machines made a $304,000 purchase of 1,000 shares at $304 each on Friday, currently seeing a 4.1% gain, indicating confidence in the company's future performance.
Stock Price Increase: As of Monday, IBM's stock is up approximately 3.1% to $316.42, reflecting positive market expectations for its performance and validating Farr's investment decision.
Mastech Digital Purchase: On the same day, Steven A. Shaw purchased 4,880 shares of Mastech Digital at $6.97 each for a total of $34,013, marking his sixth purchase in the past year, demonstrating ongoing confidence in the company's long-term growth potential.
Historical Investment Cost: Prior to this transaction, Shaw had invested a total of $160,567 in Mastech Digital over the past 12 months at an average cost of $7.73 per share, underscoring his strong belief in the company's future development.

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Revenue Decline: The company's revenue decreased by 0.9% to $49.10 million compared to $49.53 million in the same quarter last year.

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Expanded Partnership: Mastech Digital has formed an expanded strategic partnership with Informatica to provide AI-led solutions for global clients, focusing on data modernization and integration.
Technological Evolution: The collaboration aims to position Mastech as a Data and AI-first technology partner, utilizing Informatica’s Intelligent Data Management Cloud platform to enhance enterprise data integration and analytics.

Mastech Digital Strengthens Strategic Partnership with Informatica to Accelerate AI-Led IT Transformation Solutions

May 13 2025Newsfilter

Partnership Announcement: Mastech Digital has expanded its strategic partnership with Informatica to deliver AI-driven data management solutions aimed at accelerating digital transformation for clients in various industries, including healthcare and manufacturing.
Client-Focused Solutions: The collaboration will provide industry-specific solutions and a co-branded AI and Data outcomes lab, enabling clients to quickly adopt AI technologies and achieve measurable business results through integrated data and IT transformation services.