secwatch.observer — SEC 8-K summary
======================================

Issuer:     Mastech Digital, Inc. (MHH)
CIK:        0001437226
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001193125-22-031888
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mastech Digital reports record FY 2021 revenue of $222M, up 14%; EPS $1.02 GAAP, $1.19 non-GAAP
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437226/000119312522031888/0001193125-22-031888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437226/000119312522031888/d268502d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-031888

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer