earnings
confidence high
sentiment positive
materiality 0.75
Mastech Digital reports record FY 2021 revenue of $222M, up 14%; EPS $1.02 GAAP, $1.19 non-GAAP
Mastech Digital, Inc.
2021-FY EPS reported
$1.02
revenue$222,012,000
- Q4 2021 revenue $59M (+21% YoY); GAAP diluted EPS $0.32 vs $0.17, non-GAAP $0.34 vs $0.29.
- FY 2021 revenue $222M (record), gross margin 26.8% (record); net income $12.2M vs $9.9M.
- Data & Analytics Q4 revenue $10.1M (+13% YoY); IT Staffing revenue up 23% in Q4.
- Data & Analytics Q4 order bookings $14.4M; backlog improved during quarter.
- Amended PNC Bank credit facility: extended to 2026, increased capacity, lower cost.