Mastech Digital Reports 12% Organic Revenue Growth in First Quarter 2020

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Mastech Holdings (MHH) Tops Q1 EPS by 7c, Revenues Beat

April 29, 2020 7:15 AM EDT

Mastech Holdings (NYSE: MHH) reported Q1 EPS of $0.23, $0.07 better than the analyst estimate of $0.16. Revenue for the quarter came in at $50.4 million versus the consensus estimate of $46.19 million.

First Quarter 2020 Highlights:

Total revenues increased 12% to $50.4 million, compared to revenues of $45.2 million in the 2019 first quarter;The Company\'s Data and Analytics Services segment reported record revenues for the fourth consecutive quarter;The IT Staffing Services segment achieved revenue of $43.1 million, which represented growth of 9% compared to the first quarter of 2019;GAAP... More