---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-025943"
form_type: "8-K"
ticker: "MHH"
cik: "0001437226"
company_name: "Mastech Digital, Inc."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T06:54:29.153061+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mastech Digital Q4 revenue falls 20%; GAAP EPS ($0.46) on goodwill impairment; bookings improve in data segment

## Summary
- Q4 revenue $46.1M, down 20% YoY; GAAP diluted EPS ($0.46) vs $0.13.
- Non-GAAP EPS $0.11 vs $0.23; includes $2.4M severance and $5.3M goodwill impairment.
- Data & Analytics segment bookings ~$19M in Q4, reversing prior quarter weakness.
- IT Staffing billable consultants declined 46 but October/November saw growth.
- Full year 2023 revenue $201.1M, GAAP net loss $7.1M; non-GAAP EPS $0.44.

## SEC filing metadata
- accession: 0001193125-24-025943
- form_type: 8-K
- ticker: MHH
- cik: 0001437226
- company_name: Mastech Digital, Inc.
- filed_at: 2024-02-07T23:59:59+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/1437226/000119312524025943/0001193125-24-025943-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437226/000119312524025943/d137617d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-025943
- JSON: https://secwatch.observer/filing/0001193125-24-025943.json
- Plain text: https://secwatch.observer/filing/0001193125-24-025943.txt

## Key facts
- Earnings Releases
  Mastech Digital, Inc. reported full year ended December 31, 2023 results: revenue $201.1 million, net income ($7.1 million), EPS ($0.61) per diluted share.
  - Period: full year ended December 31, 2023
  - Revenue: $201.1 million
  - Net income: ($7.1 million)
  - EPS: ($0.61) per diluted share
  - Result: reported results
  source text: and was reflective of clients’ desires to complete existing projects before the end of the 2023 calendar year. Full Year Results: Revenues for the full year of 2023 totaled $201.1 million, compared to $242.2 in 2022. Gross profits for 2023 were $51.0 million or 25.4% of total revenues, compared to $63.2 million or 26.1% of total revenues in 2022. GAAP net (loss)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437226/000119312524025943/0001193125-24-025943-index.htm
- Earnings Releases
  Mastech Digital, Inc. reported fourth quarter ended December 31, 2023 results: revenue $46.1 million, net income ($5.4 million), EPS ($0.46) per diluted share.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $46.1 million
  - Net income: ($5.4 million)
  - EPS: ($0.46) per diluted share
  - Result: reported results
  source text: today its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights: • Total consolidated revenues declined by 20% to $46.1 million, compared to revenues of $57.2 million in the fourth quarter of 2022; • The Company’s Data and Analytics Services segment reported revenues of $8.2 million, compared to $9.1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437226/000119312524025943/0001193125-24-025943-index.htm

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