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.
Maximus, Inc. (NYSE: MMS) is frequently in the news as a strategic partner to government and a provider of tech-enabled government services. Company announcements focus on contracts with U.S. federal agencies, U.S. states, and selected international programs, as well as updates on financial performance, capital allocation, and technology capabilities. This news page aggregates those disclosures so readers can follow how Maximus’ government-focused business evolves over time.
News about Maximus often highlights new or renewed contracts and program awards. Recent examples include agreements to support state-based health insurance marketplaces, such as enrollment and premium billing services for the Massachusetts Health Connector, and a renewed contract with Pennsylvania’s Department of Human Services to administer the Pennsylvania Enrollment Assistance Program, including expanded support for Children’s Health Insurance Program recipients. Federal sector news has featured a Joint Cyber Command & Control Readiness contract with the U.S. Air Force, covering engineering analysis, software modification, maintenance, and enhancement of cyber command and control systems.
Investors and observers can also find earnings releases and financial updates here. Maximus regularly reports segment performance for U.S. Federal Services, U.S. Services, and Outside the U.S., along with commentary on clinical program volumes, technology initiatives, margins, and free cash flow. The company also issues announcements on dividends and stock purchase program authorizations, reflecting its capital deployment approach.
Technology and cybersecurity developments are another recurring theme. Maximus has reported achieving Cybersecurity Maturity Model Certification (CMMC) Level 2, underscoring its ability to meet U.S. Department of Defense cybersecurity standards. Other news covers digital solutions such as member portals, multichannel engagement tools, and AI-based training for contact center staff. For anyone tracking MMS news, this page offers a centralized view of contract wins, program milestones, financial results, and technology-related updates tied to the company’s role in public sector service delivery.
Maximus (NYSE: MMS) has announced a quarterly cash dividend of $0.28 per share, set to be paid on August 31, 2022. Shareholders of record as of August 15, 2022, will receive this dividend. The company continues to focus on improving public service delivery through innovative solutions, reinforcing its role as a strategic partner to governments globally.
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Maximus (NYSE: MMS) held its Investor Day on May 24 at 9:00 a.m. ET. Presentations were made by President Bruce Caswell, CFO David Mutryn, and three Segment General Managers. They discussed the company's growth strategy, focusing on expectations for organic growth and profit margins. The live webcast and related materials were available on the Maximus Investor Relations website, with a replay accessible afterward. Maximus, a global leader in government services, aims to enhance public service delivery through innovative business processes and technology solutions.
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
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.