---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-201169"
form_type: "8-K"
ticker: "MHH"
cik: "0001437226"
company_name: "Mastech Digital, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:42:27.613969+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mastech Digital Q2 revenue down 16% to $52.2M; GAAP EPS loss of ($0.19)

## Summary
- Revenue $52.2M vs $62.1M YoY; Data & Analytics $8.8M (down 21%), IT Staffing $43.4M (down 15%).
- GAAP net loss ($2.2M) or ($0.19) per diluted share vs $0.20 income in Q2 2022; includes $0.19 settlement charge.
- Non-GAAP diluted EPS $0.11 vs $0.30 YoY; non-GAAP net income $1.3M vs $3.6M.
- No bank debt, $18.6M cash on hand; repurchased 62,361 shares at avg $9.15 during Q2.
- Data & Analytics bookings $10.1M, up $1.7M from prior quarter; gross margin improved to 45.6%.

## SEC filing metadata
- accession: 0001193125-23-201169
- form_type: 8-K
- ticker: MHH
- cik: 0001437226
- company_name: Mastech Digital, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437226/000119312523201169/0001193125-23-201169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437226/000119312523201169/d528232d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-201169
- JSON: https://secwatch.observer/filing/0001193125-23-201169.json
- Plain text: https://secwatch.observer/filing/0001193125-23-201169.txt

## Key facts
- Earnings Releases
  Mastech Digital, Inc. reported the second quarter ended June 30, 2023 results: revenue $52.2 million, net income ($2.2 million), EPS ($0.19) per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $52.2 million
  - Net income: ($2.2 million)
  - EPS: ($0.19) per diluted share
  - Result: reported results
  source text: IT Services, announced today its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights: • Total consolidated revenues declined by 16% to $52.2 million, compared to revenues of $62.1 million in the second quarter of 2022; • The Company’s Data and Analytics Services segment reported revenues of $8.8 million, compared to $11.2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437226/000119312523201169/0001193125-23-201169-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.