Mastech Holdings (MHH) Reports Q3 EPS of $0.27 on Revenues of $39.2M
Mastech Holdings (NYSE: MHH) reported Q3 EPS of $0.27. Revenue for the quarter came in at $39.2 million.
Third Quarter 2017 Financial Highlights:
- Revenues totaled $39.2 million, an increase of $5.0 million over last year\'s top-line results and $4.1 million over second quarter 2017\'s results;
- The Company\'s data and analytics services segment, which was acquired in July 2017, contributed $4.1 million of revenues.
- The IT staffing services segment organically grew its billable consultant headcount by 27, or by approximately 3 percent during the quarter. The billable associate base totaled 995 consultants at September 30, 2017 compared to 884 consultants at September 30, 2016 – an increase of 111 consultants.
- Non-GAAP diluted earnings per share were $0.27 versus $0.25 in the 2016 third quarter and $0.23 in the preceding second 2017 quarter; and
- GAAP diluted earnings (loss) per share were ($0.03) versus $0.21 in the 2016 third quarter. The GAAP diluted loss per share in the 2017 quarter was impacted by $1.7 million of acquisition transaction expenses.
For earnings history and earnings-related data on Mastech Holdings (MHH) click here.
