secwatch.observer — SEC 8-K summary
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Issuer:     Mastech Digital, Inc. (MHH)
CIK:        0001437226
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001193125-24-025943
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437226/000119312524025943/0001193125-24-025943-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437226/000119312524025943/d137617d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-025943

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