Mastech Holdings (MHH) Reports Q1 EPS of $0.36 on Revenues of $43.3M

Mastech Holdings (NYSE: MHH) reported Q1 EPS of $0.36. Revenue for the quarter came in at $43.3 million.

First Quarter 2018 Highlights:

• Revenues increased 31% to a total of $43.3 million, compared to revenues of $33.1 million in the 2017 first quarter; sequentially, revenues increased by 7% over fourth quarter 2017
• Organic revenues in the Company's IT staffing services segment increased by 11% compared to the first quarter of 2017
• The Company\'s data and analytics services segment, acquired on July 13, 2017, experienced 28% revenue growth over the fourth quarter 2017 and contributed $6.6 million of revenues during the quarter
• The number of billable consultants at March 31, 2018 in the Company's IT staffing services segment grew by 3% during the quarter and sequential revenues increased by 4% over the previous quarter
• GAAP diluted earnings per share were $0.25 versus $0.04 in the 2017 first quarter
• Non-GAAP diluted earnings per share were $0.36 versus $0.09 in the 2017 first quarter

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

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