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 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 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 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%).
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 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 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 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.
Q4 revenue $46.1M, down 20% YoY; GAAP diluted EPS ($0.46) vs $0.13.
Consulting fees: $100K/mo for first 9 months, then $30K, $25K, $20K/mo, plus $120K lump sum at year 2.
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 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.
Q4 revenue $57.2M (-3% YoY); GAAP EPS $0.13 ($0.32 in 2021); Non-GAAP EPS $0.23 ($0.34).
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 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 Ganeshan Venkateshwaran as CEO of Mastech InfoTrellis
Effective April 4, 2022; base salary $550K, annual bonus target $450K.
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 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