---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-267748"
form_type: "8-K"
ticker: "MHH"
cik: "0001437226"
company_name: "Mastech Digital, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:20:13.394950+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mastech Digital Q3 revenues fall 24% to $47.8M; GAAP EPS $0.01, non-GAAP $0.11

## Summary
- Total revenues $47.8M, down 24% from $63.1M in Q3 2022; Data & Analytics $8.0M vs $10.1M.
- GAAP diluted EPS $0.01 (Q3 2022: $0.20); Non-GAAP diluted EPS $0.11 (Q3 2022: $0.33).
- IT Staffing revenues $39.8M, down from $53.1M; billable consultant count declined at slower rate.
- Cash $15.9M, no bank debt, $25M revolver available; DSO 55 days.
- Management cites economic uncertainty; expects continued cost reductions.

## SEC filing metadata
- accession: 0001193125-23-267748
- form_type: 8-K
- ticker: MHH
- cik: 0001437226
- company_name: Mastech Digital, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437226/000119312523267748/0001193125-23-267748-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437226/000119312523267748/d574411d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-267748
- JSON: https://secwatch.observer/filing/0001193125-23-267748.json
- Plain text: https://secwatch.observer/filing/0001193125-23-267748.txt

## Key facts
- Earnings Releases
  Mastech Digital, Inc. reported the third quarter ended September 30, 2023 results: revenue $47.8 million, net income GAAP net income for the third quarter of 2023 totaled $125,000 or $0.01 per diluted share, EPS $0.01 per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $47.8 million
  - Net income: GAAP net income for the third quarter of 2023 totaled $125,000 or $0.01 per diluted share
  - EPS: $0.01 per diluted share
  - Result: reported results
  source text: announced today its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights: • Total consolidated revenues declined by 24% to $47.8 million, compared to revenues of $63.1 million in the third quarter of 2022; • The Company’s Data and Analytics Services segment reported revenues of $8.0 million, compared to $10.1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437226/000119312523267748/0001193125-23-267748-index.htm

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