(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34099 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q MASTECH DIGITAL, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 26-2753540 (State or other jurisdiction of incorpora ...

Financial Data and Key Metrics Changes - Revenues for Q2 2020 totaled $47.6 million, a 2% decrease from $48.5 million in Q2 2019 [12] - Gross profits increased to $12.7 million compared to $12.1 million in the same period last year, with gross margins at 26.6% in Q2 2020, up from 24.9% in Q2 2019 [15] - GAAP net income for Q2 2020 was $3 million or $0.25 per diluted share, down from $6 million or $0.53 per diluted share in Q2 2019 [20] Business Line Data and Key Metrics Changes - Data and Analytics Services segment contributed $6.8 million in revenue during Q2 2020, exceeding last year's results by approximately $100,000 [13] - IT Staffing Services segment saw a 2% decline in revenue in Q2 2020 due to early assignment ends and lower activity levels from existing clients [14] - Gross margins for Data and Analytics Services were 52.2%, an increase of 610 basis points from the previous year, while IT Staffing Services had gross margins of 22.4%, up 90 basis points from the prior year [16] Market Data and Key Metrics Changes - The Data and Analytics market is estimated to reach $275 billion by 2023, growing at a 12% CAGR [33] - Strong demand observed in verticals such as retail, distribution, healthcare, and financial services [81] Company Strategy and Development Direction - The company is focusing on transformational projects in Data and Analytics and digital technology skillsets in IT Staffing [26] - Austerity measures were implemented early to reduce SG&A expenses, which decreased by $1.2 million from the previous quarter [27] - The launch of the MAS-REMOTE service offering aims to capitalize on the shift towards remote work, with positive early client interest [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating challenges from a position of relative strength, highlighting record gross margins and strong net income despite revenue declines [25] - The company anticipates a return to normalcy as clients adapt to the new environment, with no deterioration in previously booked contracts [52][106] Other Important Information - The company reduced debt by $7.4 million during the quarter and increased cash balances by over $2 million, maintaining a strong liquidity position [21] - Management emphasized the importance of maintaining tight control over SG&A expenses until positive indications of recovery are observed [100] Q&A Session Summary Question: Inquiry about gross margin performance and IT Staffing bill pay spread - Management confirmed no material one-time items affected margins, and the bill rate pay spread in Staffing did widen, contributing to margin strength in Q2 [60] Question: Status of delayed projects and their movement forward - Management indicated that all clients who paused projects have restarted, expecting no deterioration in the second half [64] Question: Reception of MAS-REMOTE and future launches - The MAS-REMOTE offering received positive feedback, with management optimistic about its potential and open to future innovative ideas [66][68] Question: M&A activity and pipeline - Management is actively looking for appropriate targets in the data and analytics space but has no announcements ready at this time [70] Question: Revenue trends in July compared to previous months - Management does not break down revenue on a monthly basis but noted a slowdown in reductions on the IT Staffing side towards the end of Q2 [75] Question: Changes in the sales process due to COVID - The sales process has transitioned to video and phone conferencing, maintaining success in opening new business [78] Question: Bookings comparison and duration - Q2 bookings were down slightly from Q1 but up significantly from the previous year, with most projects lasting from six to 18 months [80] Question: Demand in specific verticals - Strong demand is noted in retail, distribution, healthcare, and financial services [81] Question: Number of billable consultants - The number of billable consultants for the quarter was reported at 1,035 [86] Question: Differences between MAS-REMOTE and temporary work from home - MAS-REMOTE allows for a broader talent pool and is designed to be a more permanent solution compared to temporary work from home arrangements [88] Question: Impact of remote staffing on recruiting and competition - Remote staffing can be done from anywhere, and the company focuses on U.S.-based talent, with a unique model that combines low costs and a high recruiter-to-salesperson ratio [95]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34099 MASTECH DIGITAL, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 26-2753540 (State or other jurisdiction of incorporation or o ...

Mastech Digital, Inc. (NYSE:MHH) Q1 2020 Results Earnings Conference Call April 29, 2020 9:00 AM ET Company Participants Jennifer Ford Lacey - Head, Legal and Admin John Cronin - Chief Financial Officer Vivek Gupta - President and Chief Executive Officer Conference Call Participants Joshua Vogel - Sidoti & Company Howard Rosencrans - Value Advisory, LLC Lisa Thompson - Zacks Small Cap Research Operator Greetings. Welcome to Mastech Digital, Inc. First Quarter 2020 Earnings Call. At this time, all participan ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34099 MASTECH DIGITAL, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 26-2753540 (State or other jurisdiction of incorporation ...

Mastech Digital, Inc. (NYSE:MHH) Q4 2019 Earnings Conference Call February 5, 2020 9:00 AM ET Company Participants Jennifer Lacey - Head, Legal & Admin John Cronin - CFO & Corporate Secretary Vivek Gupta - President, CEO & Director Conference Call Participants Joshua Vogel - Sidoti & Company Timothy Call - Capital Management Corporation Operator Greetings. Welcome to the Mastech Digital Fourth Quarter 2019 Earnings Conference Call. [Operator Instructions]. Please note that this conference is being recorded. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34099 MASTECH DIGITAL, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 26-2753540 (State or other jurisdiction of inco ...

Mastech Digital, Inc. (NYSE:MHH) Q3 2019 Earnings Conference Call October 29, 2019 9:00 AM ET Company Participants Jennifer Ford Lacey ??? Manager-Legal Affairs Jack Cronin ??? Chief Financial Officer Vivek Gupta ??? Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to the Mastech Digital Incorporated Third Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, J ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34099 MASTECH DIGITAL, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA 26-2753540 (State or other jurisdiction of incorpora ...

Mastech Digital, Inc. (NYSE:MHH) Q2 2019 Earnings Conference Call July 31, 2019 9:00 AM ET Company Participants Jennifer Lacey - Head, Legal & Admin John Cronin - CFO & Corporate Secretary Vivek Gupta - President, CEO & Director Conference Call Participants Operator Greetings, and welcome to the Mastech Digital, Inc. Q2 earnings call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jennifer Lacey, Manager of Legal Affairs for Mastech D ...