Mastech Digital Reports Fourth Quarter and Full Year 2020 Results

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Mastech Digital (MHH) Misses Q4 EPS by 2c, Revenues Miss

February 10, 2021 7:14 AM EST

Mastech Digital (NYSE: MHH) reported Q4 EPS of $0.29, $0.02 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $48.7 million versus the consensus estimate of $51.14 million.

Fourth Quarter 2020 Highlights:

Total consolidated revenues declined by 3% to $48.7 million, compared to revenues of $50.4 million in the 2019 fourth quarter;The Company\'s Data and Analytics Services segment reported record revenues of $8.9 million on the strength of its AmberLeaf acquisition;The IT Staffing Services segment had a $3.4 million decline in revenues during the fourth quarter of 2020 compared to the fourth of quarter 2019. However, the... More