Mastech Digital Q2 Adj. EPS $0.11 Misses $0.15 Estimate, Sales $52.20M Miss $54.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mastech Digital (AMEX:MHH) reported Q2 adjusted earnings of $0.11 per share, missing the analyst consensus estimate of $0.15 by 26.67%. This is a 63.33% decrease from the same period last year. The company also reported quarterly sales of $52.20 million, missing the analyst consensus estimate of $54.94 million by 4.98%. This is a 15.96% decrease from the same period last year.
August 04, 2023 | 10:58 am
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Mastech Digital's Q2 earnings and sales missed estimates, with a significant decrease from the same period last year. This could negatively impact the company's stock price in the short term.
Mastech Digital's earnings and sales for Q2 have significantly missed estimates, and have also decreased considerably from the same period last year. This could lead to a decrease in investor confidence, which could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100