Mastech Digital, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 03, 2023 at 08:02 am EDT
Share
Mastech Digital, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 55.06 million compared to USD 59.76 million a year ago. Net income was USD 0.261 million compared to USD 2.33 million a year ago.
Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.19 a year ago.
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.