Maximus Reports Fiscal Year 2024 Second Quarter Results [Yahoo! Finance]
Maximus, Inc. (MMS)
Last maximus, inc. earnings: 2/6 06:30 am
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Source: Yahoo! Finance
TYSONS, Va., May 08, 2024 BUSINESS WIRE Maximus (NYSE: MMS), a leading provider of government services worldwide, reported financial results for the three and six months ended March 31, 2024. Highlights for the second quarter of fiscal year 2024 include: Revenue increased 11.7% to $1.35 billion, compared to $1.21 billion for the prior year period. Organic growth was 12.6% and driven by expanded programs in the domestic segments and resumed Medicaid-related activities. Diluted earnings per share were $1.31, and adjusted diluted earnings per share were $1.57, compared to $0.52 and $0.81, respectively, for the prior year period. The company is raising guidance for fiscal year 2024. At the midpoints, revenue is increasing by $75 million, adjusted operating income guidance is increasing 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 at March 31, 2024, compared to 2.1 times
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MMS
Earnings
- 5/8/24 - Beat
MMS
Sec Filings
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 4/5/24 - Form 4/A
- MMS's page on the SEC website