Mastech Digital (MHH) Company Report

Mastech Digital reported total consolidated revenues of $48.5 million for the third quarter ended September 30, 2025, reflecting a 6.4% decrease on a year-over-year basis.
GAAP net income was $0.9 million ($0.08 diluted earnings per share), while Non-GAAP net income was $3.5 million ($0.29 diluted earnings per share) for Q3 2025.
The company launched the EDGE strategic initiative to optimize its organization and operating model, and is transitioning its finance and accounting functions to India as a long-term cost-cutting measure.
During the third quarter, Mastech Digital repurchased 192,112 shares of common stock for approximately $1.5 million.
As of September 30, 2025, the company had $32.7 million of cash balances on hand and no bank debt.

Nov 12, 2025, 1:00 PM

Mastech Digital Reports Q3 2025 Results

MHH

Earnings

Demand Weakening

Share Buyback

Mastech Digital reported Q3 2025 total consolidated revenues of $48.5 million, representing a 6.4% decrease year-over-year, with GAAP diluted earnings per share of $0.08 and Non-GAAP diluted earnings per share of $0.29.
The company's Data and Analytics Services segment revenues declined 15.8% year-over-year to $7.9 million, while IT Staffing Services segment revenues decreased 4.4% to $40.6 million, though the latter achieved a Company-record gross margin of 24.8%.
Mastech Digital launched the EDGE initiative for operational optimization and repurchased 192,112 shares for approximately $1.5 million during the quarter. As of September 30, 2025, the company held $32.7 million in cash balances and had no bank debt.