Mastech Digital Inc. reported a 3% increase in consolidated revenues for the first quarter of 2025, totaling $48.3 million, compared to $46.8 million in the same period of 2024. The company also saw a 6% rise in consolidated gross profits, reaching $12.9 million, up from $12.1 million in the first quarter of the previous year. Gross margins improved to 26.7%, an increase from 25.9% in the first quarter of 2024. The Data and Analytics Services segment experienced an 11% revenue growth, reporting $9.0 million compared to $8.1 million in the first quarter of 2024. Additionally, the IT Staffing Services segment achieved a 2% increase in its revenues during the first quarter of 2025, compared to the same period in 2024. Despite these gains, Mastech Digital reported a GAAP net loss of $1.4 million, or $0.12 per diluted share, for the first quarter of 2025, a significant increase from the net loss of $161,000, or $0.01 per diluted share, in the corresponding quarter of 2024. The increased loss was influenced by $1.4 million in severance expenses, which were absent in the first quarter of 2024. The company's Chief Financial Officer, Kannan Sugantharaman, highlighted Mastech Digital's financial position, noting cash balances of $24.7 million, no bank debt, and borrowing availability of $23.7 million under a revolving credit facility as of March 31, 2025. The Days Sales Outstanding (DSO) measurement stood at 56 days, within the company's targeted range.