earnings
confidence high
sentiment positive
materiality 0.75
Mastech Digital reports record Q3 revenue of $59.5M, up 26% YoY; GAAP EPS $0.28, non-GAAP $0.38
Mastech Digital, Inc.
2021-Q3 EPS reported
$0.69
revenue$162,964,000
- Consolidated revenue $59.5M (record), +26% YoY and +11% sequentially.
- Data & Analytics segment revenue $10.5M (record), organic growth 19% YoY; gross margin 51.6%.
- IT Staffing segment revenue $49M (record), +22% YoY on 24% consultant count growth YTD.
- GAAP diluted EPS $0.28 vs $0.25 YoY; non-GAAP diluted EPS $0.38 vs $0.32 YoY.
- Cash $5.4M, bank debt ~$14M, $30M revolver availability; no borrowings drawn.