Mastech Digital Reports 8% Year-over-Year Revenue Growth and 5% Sequential Revenue Growth for the Third Quarter 2024
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Mastech Digital, Inc. (NYSE AMERICAN: MHH) reported strong financial results for Q3 2024, with an 8% year-over-year revenue growth and a 5% sequential growth. The company achieved record gross margins of 28.5% and significant increases in both GAAP and non-GAAP earnings per share.
November 06, 2024 | 12:15 pm
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Mastech Digital reported an 8% year-over-year revenue growth and a 5% sequential growth for Q3 2024. The company achieved record gross margins of 28.5% and significant increases in both GAAP and non-GAAP earnings per share.
The strong financial performance, including revenue growth, record gross margins, and increased earnings per share, is likely to positively impact Mastech Digital's stock price in the short term. Investors often react favorably to such positive earnings reports.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100