Mastech Holdings News Release (04/25/12)

Mastech Holdings Inc.’s revenues for the first quarter of 2012 were $24.5 million, which represented a 23% increase over the corresponding quarter last year and a 2.5% improvement over fourth-quarter 2011 results. Consolidated net income for the first quarter of 2012 totaled $352,000, or $0.10 per diluted share, compared to $37,000, or $0.01 per diluted share, in the same period last year. Demand for the company’s information technology and health care staffing services remained solid during the first quarter. Market conditions in health care staffing remained largely positive and the company achieved sequential revenue growth for the seventh consecutive quarter.