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) reported fiscal 2020 results with revenue of $3.46 billion, up from $2.89 billion, driven by the Census contract and COVID-19 response efforts. Organic growth was 15.7%, but diluted earnings per share fell to $3.39 from $3.72 due to operational challenges and a shift towards cost-plus contracts. The U.S. Services Segment revenue grew 13% to $1.33 billion, while the Outside the U.S. Segment revenue dropped to $498.9 million. For fiscal 2021, Maximus projects revenue between $3.20 billion and $3.40 billion.
Maximus (NYSE: MMS) will release its financial results for the fiscal year ending September 30, 2020, on November 19, 2020, at 6:30 a.m. ET. A conference call will follow at 9:00 a.m. ET, accessible via webcast or by phone. The call is open to the public. Maximus, founded in 1975, supports government agencies in delivering health and human services globally, emphasizing efficiency and improved outcomes. The company operates in several countries and employs around 30,000 individuals.
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Maximus (NYSE: MMS) has announced a quarterly cash dividend of $0.28 per share, scheduled for payment on November 30, 2020. Shareholders on record as of November 13, 2020 will receive this dividend. This decision reflects the company's ongoing commitment to return value to its shareholders while maintaining its operational capabilities across government services.