Welcome to our dedicated page for MAXIMUS news (Ticker: $MMS), a resource for investors and traders seeking the latest updates and insights on MAXIMUS stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MAXIMUS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MAXIMUS's position in the market.
Maximus (NYSE: MMS) reported strong financial results for the second quarter of fiscal year 2024, with revenue up 11.7% to $1.35 billion. Diluted earnings per share were $1.31, and adjusted diluted earnings per share were $1.57. The company raised guidance for FY24, with revenue increasing by $75 million, adjusted operating income by more than $34 million, adjusted diluted earnings per share by $0.40, and free cash flow by $25 million. Net debt to EBITDA ratio improved to 1.7 times. A quarterly cash dividend of $0.30 per share was declared.
The 2023 Maximus Foundation Annual Report highlights a year of positive impact and community involvement, emphasizing their commitment to equitable change and inclusivity. The report showcases stories of employee and grantee contributions, outlining the Foundation's mission to improve lives and wellbeing. Looking forward, the Foundation plans to implement a new grantmaking approach in 2025 to further their impact.
Maximus celebrates Volunteer Week by recognizing the impact of volunteer service and honoring employee Ambassadors who contribute to community service. Foundation Board members volunteered with grantee partner Cornerstones, witnessing the organization's impact firsthand and contributing to positive change. Cornerstones relies on volunteer support to fulfill its mission, and Maximus Foundation encourages everyone to get involved and make a difference in their communities.
