Mastech digital reports 16% increase in revenues in the second quarter 2022

The data & analytics segment achieved 26% yoy revenue growth during the quarter pittsburgh , aug. 3, 2022 /prnewswire/ --mastech digital, inc. (nyse american: mhh), a leading provider of digital transformation it services, announced today its financial results for the second quarter ending june 30, 2022. second quarter 2022 financial highlights: the company delivered consolidated revenues of $62.1 million in the second quarter of 2022, which represented organic growth of 16% over revenues of $53.7 million in the 2021 second quarter; the company's data and analytics services segment reported revenues of $11.3 million, an organic increase of 26% over last year's $9.0 million; the it staffing segment achieved revenues of $50.9 million and record gross margins of 23.3% during the second quarter 2022.
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