Recap: Mastech Digital Q1 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Mastech Digital (AMEX:MHH) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Earnings

Mastech Digital missed estimated earnings by 47.83%, reporting an EPS of $0.12 versus an estimate of $0.23.

Revenue was down $4.69 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 5.73% increase in the share price the next day.

Here's a look at Mastech Digital's past performance:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate0.320.380.340.35
EPS Actual0.230.330.300.28
Revenue Estimate59.58M64.11M61.28M60.26M
Revenue Actual57.22M63.15M62.12M59.76M

To track all earnings releases for Mastech Digital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsBZI-Recaps