Revenues for Mastech Digital increased to $35.1 million in Q2 2017, up $1.5 million from Q2 2016. The number of billable consultants grew 8% compared to Q2 2016, totaling 968. The acquisition of InfoTrellis' services division closed on July 13, 2017. Gross profit was $7.1 million, similar to the $6.9 million amount in Q2 2016. The CEO and CFO commented that they saw continued higher activity levels and tangible benefits from investments in sales and recruiting, and that the company has adequate liquidity following a new credit facility.

1. Q2, 2017 FINANCIALS

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SNAPSHOT
Revenues at $35.1
million, an increase
of $1.5 million over
Q2, 2016 results
Billable consultants
totaled 968,
an 8% growth over
Q2, 2016 results
Acquisition of the
services division of
InfoTrellis closed
on July 13, 2017
Gross Profit at $7.1
million, compared
to $6.9 million in
Q2, 2016

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Vivek Gupta
President & CEO
“I am pleased to see the continuation of higher levels of activity during the quarter and
delighted with our 8% growth in consultants-on-billing. We are clearly seeing tangible
payback from the investment in our sales and recruitment organizations during the first half
of 2017. We are excited to be entering the third quarter with strong momentum and the
InfoTrellis acquisition completed as planned.“
Jack Cronin
Chief Financial Officer
“At June 30, 2017, we had bank debt, net of cash balances on hand, of $9.0 million, a decline
of $3.4 million during the quarter. With the completion of our new PNC credit facility to
support our recent acquisition, we believe that we have adequate liquidity to continue to
invest in our businesses in the second half of 2017 and beyond.”

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Thank You
Donna Kijowski
Manager, Investor Relations
Donna.Kijowski@mastechdigital.com
Mastech Digital, Inc. | 888.330.5497