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Maximus Inc. - MMS STOCK NEWS

Welcome to our dedicated news page for Maximus (Ticker: MMS), a resource for investors and traders seeking the latest updates and insights on Maximus.

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.

Rhea-AI Summary
Maximus collaborates with its Foundation to launch Communications for Good project, focusing on compassion and collaboration. The initiative aims to provide support beyond grants to nonprofit partners, starting with FACETS in Fairfax County, Virginia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
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Rhea-AI Summary
Volunteer Hampton Roads, a nonprofit organization in Virginia, fosters volunteerism, community engagement, and support for local nonprofits. They connect volunteers with opportunities, support nonprofits in optimizing their programs, and organize community events like Family Volunteer Day. In 2023, they recruited over 13,000 volunteers, assisted 150 nonprofit organizations, and helped 50 companies develop community engagement plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
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Rhea-AI Summary
Maximus focuses on fostering a culture of continuous learning through shared learning models, talent management, training operations, and development initiatives. They emphasize performance management, succession planning, and talent development to empower employees and drive organizational growth. Maximus also invests in leadership programs, a global learning management system, and tuition reimbursement to support professional growth and adaptability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
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none
Rhea-AI Summary
Maximus (MMS) reported a 6.2% increase in revenue to $1.33 billion for the first quarter of fiscal year 2024. Adjusted diluted earnings per share were $1.34, compared to $0.94 for the prior year period. The company raised earnings and free cash flow guidance for fiscal year 2024, with a quarterly cash dividend of $0.30 per share. U.S. Federal Services Segment revenue increased by 9.5% to $677.1 million, and U.S. Services Segment revenue increased by 11.5% to $489.8 million. Outside the U.S. Segment revenue decreased by 16.4% to $160.1 million. Maximus also provided balance sheet and cash flow data, including a net debt to adjusted EBITDA ratio of 2.1x. The company is raising FY24 earnings and free cash flow guidance, with revenue guidance maintained between $5.05 billion and $5.20 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
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earnings
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Rhea-AI Summary
Maximus Foundation Ambassador Andre Price shares his belief in the power of helping others, emphasizing the importance of passing on support to create a positive impact.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
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Rhea-AI Summary
Maximus (NYSE: MMS) has appointed Derrick Pledger as Chief Digital and Information Officer (CDIO) to lead the company’s enterprise IT and Technology Modernization strategy. Pledger will focus on driving growth, enhancing customer experience, and improving service delivery for government agencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
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none
Rhea-AI Summary
Atlanta Mission aims to address the needs of over 2,600 unhoused individuals in the Atlanta metro community by providing shelter, meals, and comprehensive support services. The organization's multifaceted approach aims to tackle the underlying causes of homelessness, including economic disparities, lack of affordable housing, and the termination of government housing subsidies. Through programs like Make Progress, Find Hope, Choose Help, and Sustain & Growth, Atlanta Mission has helped more than 1,700 people during their 2022 fiscal year, including 426 children. The organization's efforts have been supported by a grant from the Maximus Foundation, enabling them to provide essential services to hundreds of individuals and families facing homelessness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
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none
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Rhea-AI Summary
Maximus (NYSE: MMS) announced a new Federal growth leadership team managing three key verticals across Civilian, Health, and Defense. The new leaders will contribute to the company’s evolution as they continue to broaden agency relationships and deliver bolder solutions to meet today’s missions. The company aims to reimagine how agencies implement technologies and improve the customer experience for the public, leveraging emerging technologies like AI and machine learning. New Executive Managing Directors will lead each of the three verticals created through the reorganization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
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management
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Rhea-AI Summary
Maximus Welcomes Ferdinand Morales as New CEO - Ticker Symbol: MXMS. Morales has been with Maximus since 1999, bringing extensive experience and expertise to the company. Maximus is a leading provider of technology-enabled business process management services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
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management
Rhea-AI Summary
Maximus (NYSE: MMS) approves a quarterly cash dividend of $0.30 per share, payable on February 29, 2024, to shareholders of record on February 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
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dividends
Maximus Inc.

NYSE:MMS

MMS Rankings

MMS Stock Data

5.10B
60.34M
1.02%
99.95%
1.13%
Data Processing, Hosting, and Related Services
Information
Link
US
Reston

About MMS

with a focus on more effective and efficient government programs, maximus has operated under our founding mission of "helping government serve the people"​ since 1975. our 16,000+ professionals deliver high-quality business process and technology solutions, as well as specialized consulting services for government agencies across north america, australia, the united kingdom and saudi arabia. together, we offer better solutions that lead to better lives for participants of health, welfare-to-work, and child support programs.