John J. Cronin, Jr.
On March 31, 2025, John J. Cronin, Jr. submitted his resignation from his role as Chief Financial Officer of Mastech Digital, Inc. (the “Company”), effective as of April 14, 2025 (the “Effective Date”).
Highest-materiality recent filing
Mastech Digital awards 20,000 RSUs to CFO Kannan Sugantharaman
Awarded 20,000 RSUs to CFO/COO Kannan Sugantharaman on Aug 10, 2026.
Mastech Digital Q2 revenue $41.4M, down 15.6% YoY; GAAP net loss $100K
Total revenue $41.4M vs $49.1M in Q2 2025; Data & AI $13.5M, Talent $28.0M.
Mastech Digital shareholders approve RSU plan amendment, re-elect two directors
Approved Second Amendment to Stock Incentive Plan allowing issuance of RSUs (9.38M for, 721K against).
Mastech Digital Q1 2026: Net income $264K, revenue $41.1M, down 15% YoY
GAAP net income $264K ($0.02 diluted EPS) vs net loss of $1.4M ($0.12 loss) in Q1 2025.
CEO Patel receives FY2025 bonus of $616,932 in restricted shares, locked until March 2028
CEO Nirav Patel earned 2025 annual performance bonus of $616,932, paid in 100,314 restricted shares instead of cash.
CEO Nirav Patel converts $616,932 bonus to 100,314 restricted shares with 3-year lock-up
Nirav Patel's 2025 annual performance bonus of $616,932 paid in restricted shares instead of cash.
Mastech Digital enters 5-year lease for 5,895 sq ft office in Dallas, Texas
Leases 5,895 sq ft at 3300 Olympus Blvd, Dallas, TX, with 5-year initial term plus one 5-year renewal option.
Mastech Digital Q4 revenue down 10.4%; GAAP EPS $0.08; Board authorizes $5M buyback
Q4 revenue $45.5M (-10.4% YoY); GAAP net income $1.0M ($0.08 EPS) vs $0.3M ($0.02) YoY.
Mastech Digital dismisses UHY as auditor, appoints BDO India for FY2026
Audit Committee dismissed UHY LLP on Dec 4, 2025; effective after UHY completes FY2025 audit.
Mastech Digital Q3 revenue $48.5M (-6.4% YoY); GAAP EPS $0.08 vs $0.16
Total revenue $48.5M, down 6.4% YoY; Data & Analytics $7.9M (-15.8%), IT Staffing $40.6M (-4.4%).
Mastech Digital Q2 2025 revenue $49.1M, GAAP EPS $0.01, non-GAAP EPS $0.15
Revenue $49.1M, up 2% sequentially but down from $49.5M YoY; gross margin 28.1%.
Mastech Digital shareholders approve 800,000 share increase to stock incentive plan
Shareholders elected Ashok Trivedi and Nirav Patel as Class II directors with >9.3M votes each.
Revenue $48.3M (+3% YoY); GAAP net loss ($1.4M) vs ($161K) loss in Q1 2024; diluted EPS ($0.12) vs ($0.01).
Mastech Digital CFO John Cronin resigns; Kannan Sugantharaman appointed CFO/COO
John J. Cronin, Jr. resigns as CFO effective April 14, 2025; will assist transition through May 30.
Mastech Digital Q4 revenue up 10.2%, GAAP EPS $0.02 vs -$0.46; buyback extended
Q4 revenue $50.7M (+10.2% YoY); gross margin record 29.0%; GAAP diluted EPS $0.02 vs -$0.46 prior year.
Mastech Digital directors Ausura and Galilee resign; new committee chairs appointed
John Ausura and Brenda Galilee resigned from Board and all committees effective Dec 31, 2024.
Mastech Digital names Nirav Patel as CEO; Vivek Gupta resigns effective Jan 6, 2025
Nirav Patel appointed President, CEO and board member effective Jan 6, 2025; base salary $1M, cash signing bonus $2M.
Mastech Digital Q3 revenue up 8% YoY to $51.8M; record gross margin 28.5%
GAAP diluted EPS $0.16 vs $0.01 YoY; Non-GAAP diluted EPS $0.23 vs $0.11 YoY.
Mastech Digital expands board to 9, appoints three new independent directors; two resign
Board increased to nine members; Srinivas Kandula, Arun Nayar, Bonnie K. Smith appointed as independent directors.
Mastech Digital Q2 2024 revenue $49.5M; GAAP EPS $0.12; record gross margin 28.2%
Revenue of $49.5M, up 6% sequentially but down 5% YoY from $52.2M.
Mastech Digital shareholders approve stock plan extension to 2034, elect directors
Annual Meeting held May 15; two Class I directors elected – Sunil Wadhwani (8.6M for) and Vladimir Rak (9.7M for).
Mastech Digital Q1 revenue $46.8M (-15% YoY); GAAP EPS ($0.01), non-GAAP $0.06
Revenue $46.8M, down 15% YoY from $55.1M, but up 2% sequentially from Q4 2023.
Mastech Digital amends CEO and CFO employment agreements with salary increases effective April 2024
CEO Vivek Gupta base salary set at $585,000/yr (up from prior) and annual bonus target $282,000.
Q4 revenue $46.1M, down 20% YoY; GAAP diluted EPS ($0.46) vs $0.13.
Director Gerhard Watzinger not seeking reelection at Mastech Digital's 2024 Annual Meeting
Gerhard Watzinger notified the Company on January 24, 2024, of his decision not to stand for reelection as a Class I director.
Consulting fees: $100K/mo for first 9 months, then $30K, $25K, $20K/mo, plus $120K lump sum at year 2.
Mastech Digital amends former CEO separation agreement to fix payment timing error
Amendment corrects payment date of $690K lump sum from "on or before Jan 31, 2025" to "payable on Jan 31, 2025."
Michael Fleishman resigns as CEO of Mastech InfoTrellis; $2.1M severance
Michael Fleishman resigned as CEO of Mastech InfoTrellis, effective Nov 27, 2023.
Mastech Digital Q3 revenues fall 24% to $47.8M; GAAP EPS $0.01, non-GAAP $0.11
Total revenues $47.8M, down 24% from $63.1M in Q3 2022; Data & Analytics $8.0M vs $10.1M.
Mastech Digital Q2 revenue down 16% to $52.2M; GAAP EPS loss of ($0.19)
Revenue $52.2M vs $62.1M YoY; Data & Analytics $8.8M (down 21%), IT Staffing $43.4M (down 15%).
Mastech Digital shareholders approve 500,000-share increase to stock incentive plan
Shareholders approved Fifth Amendment increasing shares authorized under Stock Incentive Plan from 4,900,000 to 5,400,000.
Mastech Digital Q1 rev down 8% YoY to $55.1M; GAAP EPS drops to $0.02
GAAP diluted EPS $0.02 vs $0.19; non-GAAP diluted EPS $0.12 vs $0.28 in Q1 2022.
Mastech Digital amends CEO & CFO employment agreements; raises base salaries, sets new bonus metrics
CEO Vivek Gupta base salary raised to $585,000/year, effective April 1, 2023.
Q4 revenue $57.2M (-3% YoY); GAAP EPS $0.13 ($0.32 in 2021); Non-GAAP EPS $0.23 ($0.34).
Mastech Digital Names Michael Fleishman CEO of Data & Analytics Subsidiary
Michael Fleishman appointed CEO of Mastech InfoTrellis, effective Nov 14, 2022, leading Data & Analytics segment.
Mastech Digital's Data & Analytics CEO Ganeshan Venkateshwaran resigns; Vivek Gupta interim
Resignation effective Nov 1, 2022; Vivek Gupta (parent President & CEO) leads segment until successor.
Mastech Digital Q3 revenues $63.2M (+6% YoY); GAAP EPS $0.20; cyber event reserve $450K
Revenue $63.2M (+6% YoY from $59.5M); GAAP diluted EPS $0.20 vs $0.28; non-GAAP $0.33 vs $0.38.
Mastech Digital Q2 revenues up 16% to $62.1M; non-GAAP EPS $0.30
Consolidated revenues $62.1M, up 16% YoY; IT Staffing segment revenues $50.9M (+14%) with record gross margins of 23.3%.
Mastech Digital shareholders re-elect directors and approve executive compensation
Class II directors Ashok Trivedi and Vivek Gupta re-elected with over 9.7M votes for each.
Mastech Digital Q1 revenue up 20% to $59.8M; GAAP EPS $0.19, Non-GAAP $0.28
Total revenues grew 20% YoY to $59.8M, a record for Q1.
Mastech Digital appoints Vlad Rak as independent board member, effective April 1, 2022
Board expanded from six to seven directors; Rak appointed as Class I director until 2024 annual meeting.
Mastech Digital appoints Ganeshan Venkateshwaran as CEO of Mastech InfoTrellis
Effective April 4, 2022; base salary $550K, annual bonus target $450K.
CEO Vivek Gupta's base salary set at $585,000/year, effective April 1, 2022.
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.
Mastech Digital amends credit agreement: revolver increased to $40M, maturities extended
Revolving credit facility increased to $40M aggregate commitment.
Mastech Digital subsidiary CEO Paul Burton resigns effective Dec 14; search begins
Paul P. Burton, CEO of Mastech InfoTrellis, notified resignation on Nov 12, effective Dec 14, 2021.
Mastech Digital reports record Q3 revenue of $59.5M, up 26% YoY; GAAP EPS $0.28, non-GAAP $0.38
Consolidated revenue $59.5M (record), +26% YoY and +11% sequentially.
Mastech Digital Q2 revenue $53.7M, up 13% YoY; GAAP EPS $0.31 vs $0.25
Consolidated revenues $53.7M (+13% YoY); gross profit $14.3M vs $12.7M prior year.
On March 31, 2025, John J. Cronin, Jr. submitted his resignation from his role as Chief Financial Officer of Mastech Digital, Inc. (the “Company”), effective as of April 14, 2025 (the “Effective Date”).
On March 31, 2025, the Board of Directors of the Company (the “Board”) appointed Kannan Sugantharaman as the Company’s Chief Financial Officer and Chief Operations Officer, effective as of the Effective Date.
John Ausura and Brenda Galilee each resigned as members of the Board of Directors (the “Board”) of Mastech Digital, Inc. (the “Company”), including all committees of the Board on which he or she serves.
John Ausura and Brenda Galilee each resigned as members of the Board of Directors (the “Board”) of Mastech Digital, Inc. (the “Company”), including all committees of the Board on which he or she serves.
Effective August 12, 2024, the Board of Directors (the “Board”) of Mastech Digital, Inc. (the “Company”) increased the size of the Board to nine members and appointed Srinivas Kandula, Arun Nayar and Bonnie K. Smith as independent members of the Board.
Effective August 12, 2024, the Board of Directors (the “Board”) of Mastech Digital, Inc. (the “Company”) increased the size of the Board to nine members and appointed Srinivas Kandula, Arun Nayar and Bonnie K. Smith as independent members of the Board.
Effective August 12, 2024, the Board of Directors (the “Board”) of Mastech Digital, Inc. (the “Company”) increased the size of the Board to nine members and appointed Srinivas Kandula, Arun Nayar and Bonnie K. Smith as independent members of the Board.
On January 24, 2024, Gerhard Watzinger, a member of the Board of Directors (the “Board”) of Mastech Digital, Inc. (the “Company”), notified the Company of his decision not to seek reelection as a Class I director at the Company’s 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”).
On November 27, 2023 (the “Separation Date”), Michael Fleishman resigned as Chief Executive Officer of Mastech InfoTrellis, Inc. (“Mastech InfoTrellis”), a wholly owned subsidiary of Mastech Digital, Inc. (the “Company”), effective immediately.
On November 14, 2022, Michael Fleishman became the Chief Executive Officer of Mastech InfoTrellis, Inc.
On and effective November 1, 2022, Ganeshan Venkateshwaran resigned as the Chief Executive Officer of Mastech InfoTrellis, Inc., the wholly-owned subsidiary of Mastech Digital, Inc. (the “Company”) that operates the Company’s Data and Analytics Services Business segment.
On April 1, 2022, the board of directors (the “Board”) of Mastech Digital, Inc. (the “Company”) increased the size of the Board from six to seven members and appointed Mr. Vlad Rak as an independent member of the Board, effective April 1, 2022.
Max materiality 0.85 · Median 0.55 · Most common event earnings