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Mastech Holdings (MHH) Misses Q2 EPS by 2c

July 23, 2014 7:11 AM

Mastech Holdings (NYSE: MHH) reported Q2 EPS of $0.20, $0.02 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $27.7 million, versus $26.13 million reported last year.

Kevin Horner, Mastech's Chief Executive Officer stated, "We are disappointed with our performance in the second quarter when compared to our historical trend lines. The challenges that we faced in second quarter plainly illustrate a pressing need to accelerate the scale of our recruitment engine. With demand likely to remain at healthy levels during the second half of the year, we will look to aggressively ramp-up our off-shore recruiter hiring."

For earnings history and earnings-related data on Mastech Holdings (MHH) click here.

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Earnings Management Comments