secwatch.observer — SEC 8-K summary
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Issuer:     Mastech Digital, Inc. (MHH)
CIK:        0001437226
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001193125-25-121300
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mastech Digital Q1 2025 revenue up 3% to $48.3M; GAAP loss of ($0.12)/share vs ($0.01) loss a year ago
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- Revenue $48.3M (+3% YoY); GAAP net loss ($1.4M) vs ($161K) loss in Q1 2024; diluted EPS ($0.12) vs ($0.01).
- Non-GAAP diluted EPS $0.06, flat YoY; gross margin 26.7% (+80 bps); gross profit $12.9M (+6% YoY).
- Data & Analytics segment revenue $9.0M (+11% YoY); IT Staffing +2%. Order bookings $11.7M in D&A.
- Severance expense $1.4M impacted earnings. Cash $24.7M, no bank debt; DSO 56 days.
- Management cites cautious client demand; both segments grew YoY but IT Staffing demand below prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437226/000119312525121300/0001193125-25-121300-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437226/000119312525121300/d913729d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-121300

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