Mastech ( (MHH) ) has released its Q3 earnings. Here is a breakdown of the information Mastech presented to its investors.
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Mastech Digital, Inc., a minority-owned enterprise headquartered in Pittsburgh, PA, is a leading provider of Digital Transformation IT Services, offering Data Management and Analytics Solutions, Digital Learning, and IT Staffing Services with a Digital First approach across the U.S., Canada, Europe, and India.
In its third quarter of 2025 financial results, Mastech Digital reported a total consolidated revenue of $48.5 million, marking a decrease of 6.4% year-over-year. The company faced challenges due to cautious client spending and elongated decision-making cycles, impacting its Data and Analytics Services segment revenues, which declined to $7.9 million from $9.4 million in the previous year.
The IT Staffing Services segment also saw a decline in revenues to $40.6 million from $42.4 million year-over-year, attributed to a decrease in billable consultants. Despite these challenges, Mastech Digital achieved a non-GAAP net income of $3.5 million, an increase from $2.8 million in the third quarter of 2024, and repurchased 192,112 shares of common stock, reflecting a strategic move to enhance shareholder value.
Mastech Digital’s management remains optimistic about the future, focusing on strategic initiatives like EDGE – Efficiencies Driving Growth and Expansion – to optimize operations and drive long-term growth. The company aims to enhance revenue quality, simplify processes, and manage spending to reinvest in strategic growth areas, thus strengthening its competitive position in the market.