Earnings Call Summary | Mastech Digital(MHH.US) Q1 2024 Earnings Conference
Earnings Call Summary | Mastech Digital(MHH.US) Q1 2024 Earnings Conference
The following is a summary of the Mastech Digital, Inc. (MHH) Q1 2024 Earnings Call Transcript:
以下是Mastech Digital, Inc.（MHH）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
In Q1 2024, Mastech Digital's revenues totaled $46.8 million, a 15% year-over-year decline but a 2% growth over the previous quarter.
Revenues in the Data and Analytics service segment were $8.1 million, while the IT Staffing Services segment revenues totaled $38.8 million.
Gross margins improved to 25.9% in Q1 2024 from 24.5% the previous year.
The company reported a GAAP net loss of $161,000, or $0.01 loss per diluted share, and a non-GAAP net income of $800,000, or $0.06 per diluted share.
The company had $19.4 million in cash balances, no bank debt, and a borrowing availability of $24.2 million under its revolving credit facility as of March 31, 2024.
在2024年第一季度，Mastech Digital的總收入爲4,680萬美元，同比下降15％，但比上一季度增長了2％。
數據和分析服務板塊的收入爲810萬美元，而IT人員配備服務板塊的總收入爲3,880萬美元。
毛利率從去年的24.5％提高到2024年第一季度的25.9％。
該公司報告的GAAP淨虧損爲16.1萬美元，攤薄後每股虧損0.01美元，非公認會計准則淨收益爲80萬美元，攤薄後每股虧損0.06美元。
截至2024年3月31日，該公司的現金餘額爲1,940萬美元，無銀行債務，循環信貸額度下的可用借款額度爲2420萬美元。
Business Progress:
業務進展：
The company's Q1 2024 bookings totaled $9.6 million, surpassing last year's Q1 bookings by $1.2 million.
Mastech Digital increased its billing consultant headcount by 6% in Q1 2024 and is optimistic about its clients' willingness to start new assignments and tackle pent-up IT needs.
The company remains committed to its share buyback program and plans to continue purchases once out of the earnings blackout period.
In terms of strategic partnerships and brand development, the company sponsored Gartner's Data & Analytics Summit, which resulted in new client introductions and enhanced its go-to-market strategy.
該公司2024年第一季度的預訂總額爲960萬美元，比去年第一季度的預訂量高出120萬美元。
Mastech Digital在2024年第一季度將其計費顧問人數增加了6％，並對其客戶願意開始新任務和滿足被壓抑的IT需求持樂觀態度。
該公司仍然致力於其股票回購計劃，並計劃在收益封鎖期結束後繼續收購。
在戰略合作伙伴關係和品牌發展方面，該公司贊助了Gartner的數據與分析峯會，該峯會引入了新的客戶並加強了其進入市場戰略。
More details: Mastech Digital IR
更多詳情： Mastech 數字紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。