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Mastech Holdings Inc (MHH)
:MHH
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0.19Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 16, 2025
|% Change Since: -17.63%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive performance in revenue growth and strategic partnerships, balanced by challenges in net income and cautious client spending patterns. The company remains optimistic about long-term AI-driven transformation opportunities but acknowledges short-term uncertainties.Company Guidance
During the Mastech Digital Corporation's First Quarter 2025 earnings call, the management team emphasized the company's solid performance, highlighting a revenue growth of 3.2% year-over-year, achieving $48.3 million in consolidated revenues. The Data and Analytics segment experienced a notable increase, with revenues rising by 11.1% compared to the prior year, reaching $9 million. The IT Staffing Services segment also contributed to growth, with a 1.6% increase in revenues, totaling $39.4 million. Despite some muted demand in IT staffing, the company maintained a strong liquidity position with a $24.7 million cash balance and no bank debt. Gross profit dollars increased by 6.3%, with gross margins improving by 80 basis points. Non-GAAP net income for the quarter remained steady at $0.8 million, or $0.06 per diluted share, consistent with the previous year. The earnings call underscored the company's strategic focus on AI-driven digital modernization and its expanded partnership with Informatica to accelerate transformation initiatives. Management reiterated their cautious optimism amid macroeconomic uncertainties, emphasizing their commitment to delivering high-value services and continuing their transformation journey. Notably, the company informed participants that no guidance would be provided during the call or in subsequent meetings.Year-over-Year Revenue Growth
Mastech Digital achieved a year-over-year revenue growth of 3.2%, with both key operating segments showing positive results.
Data and Analytics Segment Performance
The Data and Analytics segment reported revenues of $9 million in Q1 2025, reflecting an 11.1% increase compared to Q1 2024.
Expanded Partnership with Informatica
Mastech Digital announced an expanded partnership with Informatica to accelerate AI-led transformation initiatives, enhancing data modernization capabilities.
Strong Financial Position
As of March 31, 2025, Mastech Digital had a cash balance of $24.7 million, no bank debt, and cash availability of $23.7 million under the revolving credit facility.
MHH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MHH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 16, 2025 | $8.51 | $8.10 | -4.82% |
Feb 19, 2025 | $12.87 | $12.15 | -5.59% |
Nov 06, 2024 | $10.31 | $10.89 | +5.63% |
Aug 07, 2024 | $8.11 | $9.10 | +12.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mastech Holdings Inc (MHH) report earnings?
Mastech Holdings Inc (MHH) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Mastech Holdings Inc (MHH) earnings time?
Mastech Holdings Inc (MHH) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MHH EPS forecast?
MHH EPS forecast for the fiscal quarter 2025 (Q2) is 0.12.