Mastech's Net Income Declines

Summary


Mastech Holdings Inc.'s clients are spending less these days on information technology staffing, and the cutbacks are deeper among clients in the financial services industry, Mastech CEO Steven Shangold said Thursday.

Shangold hosted the company's first investor conference call yesterday, after Mastech reported net income $1.16 million, or 32 cents a share, down from $1.39 million, or 39 cents, a year ago. Robinson-based Mastech completed its spinoff from iGate Corp. on Oct. 1.

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Mastech's Net Income Declines

Mastech's revenue for the three months e...

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