Recap: Mastech Digital Q1 Earnings

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Mastech Digital 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.

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:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.32 0.38 0.34 0.35
EPS Actual 0.23 0.33 0.30 0.28
Revenue Estimate 59.58M 64.11M 61.28M 60.26M
Revenue Actual 57.22M 63.15M 62.12M 59.76M

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.

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Posted In: EarningsBZI-Recaps
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