Maximus Stock Price, News & Analysis

Maximus reported a 22.7% increase in revenue to $1.18 billion for the second quarter of fiscal 2022, primarily driven by U.S. Federal Services Segment acquisitions and growth in the Outside the U.S. Segment. However, they revised earnings guidance to $3.00-$3.50 per share due to ongoing COVID-19 related delays. The revenue guidance remains at $4.5-$4.7 billion. Diluted earnings per share were $0.80 or $1.07 when adjusted for amortization. Year-to-date contract awards totaled $1.47 billion with a backlog of $1.75 billion.

Maximus (NYSE: MMS) will announce its financial results for the three and six months ending March 31, 2022, after market close on May 4, 2022. A conference call will follow at 9:00 a.m. ET on May 5, where shareholders can submit questions via email. The call is open to the public, accessible via webcast or phone. Maximus has been providing government services since 1975, focusing on enhancing citizen engagement with various health and human services programs worldwide.

Maximus (NYSE: MMS) announced a quarterly cash dividend of $0.28 per share, to be paid on May 31, 2022, to shareholders on record as of May 13, 2022. This sustainable dividend reflects the company’s commitment to delivering shareholder value as it operates in various health and human services sectors worldwide. With over 35,000 employees, Maximus supports government agencies across multiple countries, enhancing service delivery and operational efficiency.

Maximus (NYSE: MMS) has announced an Investor Day scheduled for May 24, 2022, from 9:00 AM to Noon ET in Reston, Virginia. The event will be webcast and will highlight the company’s growth strategy, including organic growth and margin expectations. Key executives, including President Bruce Caswell and CFO David Mutryn, will present and participate in a Q&A session. Attendees can register for the live stream at maximus.com/investor-day, with a replay available post-event on their Investor Relations site.

Maximus (NYSE: MMS) announced that the National Energy Technology Laboratory’s (NETL) Energy Data eXchange (EDX) Development and Operations Team has received the prestigious Secretary of Energy’s Achievement Award.

This recognition emphasizes Maximus' capability in supporting government programs through advanced technology solutions. The EDX facilitates the Department of Energy's research efforts by providing secure collaborative workspaces for data management.

Maximus acquired Attain Federal in March 2021, enhancing its support for NETL's information technology initiatives.

Maximus (NYSE: MMS) reported a strong Q1 for fiscal 2022 with revenue of $1.15 billion, up 21.7% year-over-year. This growth was driven by acquisitions and ramping startups, though organic revenue declined 3.5% due to reduced COVID-19 response work. The company raised its full-year revenue guidance to $4.5 billion - $4.7 billion and maintained EPS guidance of $4.00 - $4.30. Operating margin slightly decreased to 7.1%. A quarterly dividend of $0.28 per share will be paid on February 28, 2022. CEO Bruce Caswell noted the importance of adapting to evolving government needs amid the pandemic.

Maximus (NYSE: MMS) is set to release its financial results for the three months ending December 31, 2021, on February 3, 2022, at 6:30 a.m. ET. A conference call will follow at 9:00 a.m. ET, which will be open to the public via webcast and by phone. Maximus has been dedicated to helping governments serve citizens since 1975, providing technology solutions and business process management across various countries. More details can be found on maximus.com.

Maximus (NYSE: MMS) announced a quarterly cash dividend of $0.28 per share, payable on February 28, 2022. Shareholders of record by February 15, 2022 will receive this payout. The company, a leader in government services since 1975, focuses on improving the efficiency of government-sponsored programs. With over 34,000 employees globally, Maximus aims to enhance citizen engagement with government services.

Maximus (NYSE: MMS) reported a 22.9% increase in revenue for fiscal year 2021, totaling $4.25 billion, primarily driven by $1.1 billion from COVID-19 services and acquisitions contributing $322.7 million. Operating margin rose to 9.6%, with diluted EPS increasing to $4.67. The company forecasts FY2022 revenue between $4.40 billion and $4.60 billion, and diluted EPS between $4.00 and $4.30, reflecting anticipated operational momentum following the public health emergency.