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 (MMS) delivers essential technology and consulting services to government agencies worldwide, helping transform public sector operations. This news hub provides investors and stakeholders with timely updates on the company's strategic initiatives, contract awards, and program implementations.
Access comprehensive coverage of Maximus's developments including government contract announcements, technology deployment milestones, and regulatory compliance updates. Our curated collection features official press releases and third-party analysis related to healthcare system modernization, welfare program optimization, and digital transformation projects across North America, Australia, and the UK.
Stay informed about operational developments impacting key service areas such as child support systems, workforce development programs, and cloud-based government solutions. The repository enables tracking of Maximus's progress in implementing large-scale public sector initiatives while maintaining strict editorial neutrality.
Bookmark this page for streamlined access to verified updates about MMS's partnerships with federal/state agencies, leadership changes affecting program delivery, and innovations in case management technologies. Regular updates ensure you never miss critical developments in this government services specialist's evolving portfolio.
Maximus has been recognized as a 5 Star Employer in the 2024 VETS Indexes Employer Awards. This is the third consecutive year they have received this honor for their commitment to supporting veterans and the military-connected community. The recognition underscores Maximus' dedication to recruiting, hiring, retaining, and developing military veterans and their families, fostering an inclusive workplace that values their unique skills and experiences. George Altman, president of VETS Indexes, highlighted the competitive nature of the awards this year, with Maximus' veterans program standing out among hundreds of employers. For more on Maximus' commitment, refer to their 2023 Sustainability Report.
MaximusBright Beginnings supports under-resourced infants, toddlers, and families experiencing housing instability in Washington, D.C. through early childhood education, family services, and a nurturing environment. The organization addresses the increase in homelessness, linking it to health issues, and provides tailored services to break the cycle of poverty. With a two-generation approach, Bright Beginnings offers resources to parents and children, focusing on stability and future security. A grant from the Maximus Foundation has helped over 380 children and families, expanding services and delivering quality care. Bright Beginnings has a 30-year history of supporting families in need.
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.
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