Mastech Digital Q3 revenue up 8% YoY to $51.8M; record gross margin 28.5%

Mastech Digital, Inc.

2024-Q3 EPS reported $0.26 revenue$148,196,000

GAAP diluted EPS $0.16 vs $0.01 YoY; Non-GAAP diluted EPS $0.23 vs $0.11 YoY.
Data and Analytics segment revenue $9.4M (+17% YoY); IT Staffing $42.4M (+7% YoY).
Order bookings in Data and Analytics totaled $11.1M, up $6M from Q3 2023.
Cash $23.9M, no bank debt, $25M revolving credit available; DSO 55 days.
Free cash flow for first nine months $2.3M, with $4.3M invested in working capital.

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