Mastech Holdings Inc (MHH)
XASE:MHH
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.13Last Year’s EPS
0.15Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q1 2026
Earnings Call Date:May 15, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presented a mixed view: meaningful operational progress and financial improvements (turn to GAAP profitability, strong cash position, EDGE efficiencies, historic new bookings momentum in Data & AI, and a strategic healthcare win) were offset by continued top‑line pressure (consolidated revenue down 15%, Data & AI down 21.3%, Talent down 11.8%), a notable reduction in billable consultants, and persistent market uncertainty and backlog headwinds. Management emphasized momentum in bookings, realignment into two segments to enable cross‑sell, and a shift from cost savings to targeted investments in AI and data capabilities.Company Guidance
Consolidated Profitability Improvement
GAAP net income of $0.3 million ($0.02 per diluted share) vs. a net loss of $1.4 million (−$0.12) in the prior year; non‑GAAP net income of $1.3 million ($0.11 per diluted share) vs. $0.8 million ($0.06) prior year.
Strong Cash Position and No Debt
Cash on hand of $33.6 million as of March 31, 2026, no bank debt outstanding, and $21.3 million available under the revolving credit facility.
Historic High New Bookings Momentum in Data & AI
Data & AI new bookings of $7.0 million TCV in the quarter vs. $3.7 million TCV a year ago (≈+89% YoY in new bookings); total Q1 bookings $13.6 million TCV (vs. $15.3 million prior year).
Edge Initiative Delivering Efficiency Gains
EDGE efficiency phase reported as delivered; efficiencies captured in Q1 are being redeployed into investments (AI engineering, modern data platforms, go-to-market), enabling the shift from cost savings to growth investments.
Average Bill Rate at Company High
Average bill rate reached $90.91, up from $87.82 a year ago (≈+3.5%), reflecting deliberate focus on revenue quality and higher‑margin engagements.
Strategic Enterprise Win — Healthcare
Won a multiyear, multimillion‑dollar engagement with a leading healthcare payer to build an AI‑ready data platform and advanced analytics capabilities; management cited this as an example of cross‑sell and integrated Data & AI success and it is included in Q1 bookings.
Corporate Actions and Governance Flexibility
Board authorized a new share repurchase program up to $5 million (effective Feb 16, 2026); full authorization remains available as no repurchases were made in Q1.
MHH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MHH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2026 | $7.09 | $7.14 | +0.71% |
Feb 19, 2026 | $6.90 | $6.81 | -1.30% |
Nov 12, 2025 | $7.01 | $7.39 | +5.42% |
Aug 13, 2025 | $7.29 | $7.55 | +3.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mastech Holdings Inc (MHH) report earnings?
Mastech Holdings Inc (MHH) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Mastech Holdings Inc (MHH) earnings time?
Mastech Holdings Inc (MHH) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is MHH EPS forecast?
MHH EPS forecast for the fiscal quarter 2026 (Q2) is 0.13.