secwatch.observer — SEC 8-K summary
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Issuer:     Mastech Digital, Inc. (MHH)
CIK:        0001437226
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001193125-22-275467
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mastech Digital Q3 revenues $63.2M (+6% YoY); GAAP EPS $0.20; cyber event reserve $450K
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- Revenue $63.2M (+6% YoY from $59.5M); GAAP diluted EPS $0.20 vs $0.28; non-GAAP $0.33 vs $0.38.
- IT Staffing revenue $53.1M (+8% YoY); Data & Analytics down to $10.1M vs $10.5M.
- Cyber-security breach of one employee email; $450K reserve for advisory & potential losses; two clients impacted.
- Data & Analytics segment closing Singapore/Ireland ops; $120K severance; $0.3M fixed price project over-run.
- Early paid $7.6M of term loan; cash $3.5M, bank debt $2.2M, $36.4M revolver availability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437226/000119312522275467/0001193125-22-275467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437226/000119312522275467/d380333d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-275467

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