What caused MHH's earnings to decline in Q4 2024?

MHH's earnings decline in Q4 2024 can be attributed to several factors:

1. **Strategic Transition**: MHH is undergoing a strategic transition under new leadership, which has led to a period of underperformance and a drop in revenue.
2. **Economic Challenges**: The company's IT Staffing Services segment, which is linked to U.S. economic conditions, has been impacted by spending reductions on several existing projects, leading to a decline in demand and revenue.
3. **Market Uncertainties**: The company has reported that bookings in Q4 2024 came in lower than expected due to market uncertainties, which may have affected its revenue and profitability.
4. **Seasonal Factors**: There was a seasonal decrease in billable consultants in the IT Staffing Services segment, which is reflective of clients' desires to complete existing projects before the new year.

In conclusion, MHH's earnings decline in Q4 2024 is a result of a combination of strategic transition, economic challenges, market uncertainties, and seasonal factors.