Maximus Reports Fiscal Year 2024 First Quarter Results
Maximus, Inc. (MMS)
Last maximus, inc. earnings: 2/6 06:30 am
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Source: Business Wire
Raises FY24 Earnings & Free Cash Flow Guidance Following Improved Margin Outlook TYSONS, Va.--(BUSINESS WIRE)--Maximus (NYSE: MMS), a leading provider of government services worldwide, reported financial results for the three months ended December 31, 2023.Highlights for the first quarter of fiscal year 2024 include:Revenue increased 6.2% to $1.33 billion, compared to $1.25 billion for the prior year period. Organic growth was 6.9% and driven by expanded programs as well as resumed programs tied to Medicaid redeterminations.Diluted earnings per share were $1.04 and adjusted diluted earnings per share were $1.34, compared to $0.65 and $0.94, respectively, for the prior year period.The company is raising earnings and free cash flow guidance for fiscal year 2024. Adjusted operating income guidance is increasing by $15 million, adjusted diluted earnings per share by $0.15, and free cash flow by $10 million.A quarterly cash dividend of $0.30 per share is payable on February 29, 2024, to
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MMS
Earnings
- 2/7/24 - Beat
MMS
Sec Filings
- 4/5/24 - Form 4/A
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- MMS's page on the SEC website