Mastech Digital Delivers Solid Third Quarter Results
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Mastech Digital (MHH) Tops Q3 EPS by 6c, Revenues Miss
October 28, 2020 7:16 AM EDTMastech Digital (NYSE: MHH) reported Q3 EPS of $0.32, $0.06 better than the analyst estimate of $0.26. Revenue for the quarter came in at $47.2 million versus the consensus estimate of $48.52 million.
Third Quarter 2020 Highlights:
The Company's Data and Analytics Services segment reported $7.2 million of revenues, representing a 6% sequential improvement over the second quarter of 2020 and a modest increase over the third quarter of 2019;The IT Staffing Services segment reported a modest gain in Consultants-on-Billing headcount reversing the downward trend of declines in the first half of 2020, achieving revenue of $40.2 million. The... More