Mastech Digital Q2 revenue beats estimates, rises 2%

Mastech Digital

13/08/2025 12:18

Overview

Mastech Digital Q2 revenue rises 2% sequentially, beating analyst expectations

Non-GAAP EPS for Q2 at $0.15, down from $0.19 last year

IT Staffing Services segment drives revenue growth with higher bill rates

Outlook

Company sees early signs of stabilization in broader environment

Mastech Digital confident in long-term demand drivers despite limited visibility

Company preparing for long-term growth and AI-first transition

Mastech Digital notes cautious client decision-making affecting near-term outlook

Result Drivers

IT STAFFING GROWTH - IT Staffing Services segment revenue grew 3%, driven by higher bill rates and improved margins

DATA AND ANALYTICS SOFTNESS - Data and Analytics Services segment faced slower client decision-making and cautious spending, impacting order bookings

MARGIN EXPANSION - Company expanded margins through disciplined pricing and focused execution, despite measured demand environment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$49.10 mln
$47.90 mln (2 Analysts)
Q2 Net Income
$135,000
Q2 Gross Profit
$13.82 mln
Q2 Income from Operations
$27,000
Q2 Pretax Profit
$210,000


Analyst Coverage

Wall Street's median 12-month price target for Mastech Digital Inc is $13.70, about 46.8% above its August 12 closing price of $7.29

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

Press Release: ID:nPn534dzMa

(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.)