IT staffing firm Mastech Digital's Q3 revenue misses estimates

Mastech Digital

12/11/2025 12:16

Overview

Mastech Digital Q3 2025 revenue declines 6.4% yr/yr, missing analyst expectations

Adjusted EPS for Q3 2025 beats analyst expectations, indicating operational improvements

Company repurchased 192,112 shares for $1.5 mln under share repurchase program

Outlook

Company focuses on EDGE initiative to optimize operations and drive growth

Mastech Digital sees improved operational efficiency from transformation initiatives

Company notes macroeconomic uncertainties affecting client decision-making

Result Drivers

MACROECONOMIC UNCERTAINTIES - Ongoing macroeconomic and geopolitical uncertainties impacted client activity and decision-making, affecting revenues

EDGE INITIATIVE - Launch of EDGE initiative aimed at optimizing operations and driving growth through process simplification and automation

DECLINE IN BILLABLE CONSULTANTS - Decrease in IT Staffing Services segment revenues attributed to a reduction in billable consultants

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$48.50 mln
$49.72 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.29
$0.17 (2 Analysts)
Q3 Net Income
$941,000
Q3 Gross Profit
$13.46 mln
Q3 Income from Operations
$820,000
Q3 Pretax Profit
$1.24 mln


Analyst Coverage

Wall Street's median 12-month price target for Mastech Digital Inc is $13.00, about 46.1% above its November 11 closing price of $7.01

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn1CMmq7a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)