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Maximus Inc (MMS.N)

MMS.N on New York Stock Exchange

65.76USD
18 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Maximus Says Revenue For Outside U.S. Is Expected To Be Lower In FY 2019
Friday, 14 Dec 2018 08:02am EST 

Dec 14 (Reuters) - Maximus Inc ::MAXIMUS INC - IN FISCAL 2019, REVENUE FOR OUTSIDE THE U.S. SEGMENT IS EXPECTED TO BE LOWER.MAXIMUS INC SAYS OPERATING MARGIN FOR FISCAL 2019 FOR OUTSIDE THE U.S. SEGMENT IS EXPECTED TO BE IN THE LOW TO MID-SINGLE DIGITS - SEC FILING.MAXIMUS - STARTING Q1 2019, CO TO REPORT RESULTS IN 3 SEGMENTS: U.S. HEALTH AND HUMAN SERVICES, U.S. FEDERAL SERVICES AND OUTSIDE U.S.  Full Article

Maximus Reports Q4 2018 Revenue $558.4 Million
Tuesday, 20 Nov 2018 07:43am EST 

Nov 20 (Reuters) - Maximus Inc ::MAXIMUS INC REPORTS Q4 2018 REVENUE $558.4 MILLION.MAXIMUS REPORTS FOURTH QUARTER AND FULL YEAR RESULTS FOR FISCAL YEAR 2018.SEES FY 2019 GAAP EARNINGS PER SHARE $3.55 TO $3.75.Q4 EARNINGS PER SHARE $0.71.SEES FY 2019 REVENUE $2.925 BILLION TO $3.0 BILLION.Q4 EARNINGS PER SHARE VIEW $0.72 -- THOMSON REUTERS I/B/E/S.BACKLOG WAS $5.1 BILLION AT SEPTEMBER 30, 2018.MAXIMUS IS ESTABLISHING FISCAL 2019 GAAP GUIDANCE WHICH INCLUDES ACQUISITION.FOR FISCAL 2019, EXPECTS CASH FLOWS FROM OPERATIONS TO RANGE BETWEEN $275 MILLION AND $325 MILLION.FOR FISCAL 2019, EXPECTS FREE CASH FLOW TO RANGE BETWEEN $235 MILLION AND $285 MILLION.  Full Article

Maximus To Buy U.S. Federal Citizen Engagement Centers For $400 Mln
Tuesday, 9 Oct 2018 09:00am EDT 

Oct 9 (Reuters) - Maximus Inc ::MAXIMUS SIGNS DEFINITIVE AGREEMENT TO ACQUIRE U.S. FEDERAL CITIZEN ENGAGEMENT CENTERS FOR $400 MILLION IN CASH.MAXIMUS INC - DEAL FOR $400 MILLION.MAXIMUS INC - $400 MILLION ALL CASH TRANSACTION IS EXPECTED TO CLOSE IN MID-NOVEMBER AND IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS..MAXIMUS INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE BY $0.10 TO $0.15 OF DILUTED EARNINGS PER SHARE IN FISCAL YEAR 2019.MAXIMUS - SIGNED ASSET PURCHASE AGREEMENT TO BUY CERTAIN ASSETS OF GENERAL DYNAMICS INFORMATION TECHNOLOGY'S CITIZEN-ENGAGEMENT CENTERS.MAXIMUS - ANTICIPATE ASSETS ASSOCIATED WITH THIS TRANSACTION WILL GENERATE ABOUT 10.5 MONTHS OF REVENUE FOR FISCAL YEAR 2019 IN RANGE OF $575 MILLION TO $600 MILLION.  Full Article

Maximus Q3 Earnings Per Share $0.91
Thursday, 9 Aug 2018 06:30am EDT 

Maximus Inc ::MAXIMUS REPORTS FISCAL YEAR 2018 THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.91.Q3 REVENUE $597.9 MILLION VERSUS I/B/E/S VIEW $591.7 MILLION.Q3 EARNINGS PER SHARE VIEW $0.82 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 GAAP EARNINGS PER SHARE $3.30 TO $3.40.SEES FY 2018 REVENUE $2.4 BILLION TO $2.44 BILLION.REITERATING FISCAL 2018 REVENUE AND EARNINGS GUIDANCE.  Full Article

Maximus Board Authorizes Expansion Of Share Repurchase Program
Monday, 25 Jun 2018 09:15am EDT 

June 25 (Reuters) - Maximus Inc ::MAXIMUS BOARD AUTHORIZES EXPANSION OF SHARE REPURCHASE PROGRAM.MAXIMUS - AUTHORIZED EXPANSION OF SHARE REPURCHASE PROGRAM OF UP TO $200 MILLION.  Full Article

Maximus Awarded Five-Year Australian Disability Employment Services Contract Rebid
Thursday, 24 May 2018 06:30am EDT 

May 24 (Reuters) - Maximus Inc ::MAXIMUS AWARDED FIVE-YEAR AUSTRALIAN DISABILITY EMPLOYMENT SERVICES CONTRACT REBID.MAXIMUS INC - PERFORMANCE-BASED CONTRACT, WHICH BEGINS ON JULY 1, 2018, HAS AN ESTIMATED REVENUE RANGE OF $250 MILLION TO $300 MILLION (USD) OVER FIVE YEARS.MAXIMUS - IT HAS BEEN AWARDED FIVE-YEAR CONTRACT RENEWAL FOR DISABILITY EMPLOYMENT SERVICES (DES) PROGRAM BY AUSTRALIAN DEPARTMENT OF SOCIAL SERVICES.  Full Article

Maximus Appoints Bruce Caswell As CEO, Eff. April 1
Tuesday, 16 Jan 2018 04:01pm EST 

Jan 16 (Reuters) - Maximus Inc ::MAXIMUS APPOINTS BRUCE L. CASWELL AS CHIEF EXECUTIVE OFFICER, EFFECTIVE APRIL 1, 2018, FOLLOWING THE PLANNED RETIREMENT OF RICHARD A. MONTONI AS CEO.MAXIMUS INC - RICHARD A. MONTONI WILL RETIRE FROM HIS ROLE AS CHIEF EXECUTIVE OFFICER EFFECTIVE APRIL 1, 2018.  Full Article

Maximus reports Q4 earnings per share $0.81
Thursday, 9 Nov 2017 06:30am EST 

Nov 9 (Reuters) - Maximus Inc :Maximus reports fourth quarter and full year results for fiscal year 2017.Sees FY 2018 GAAP earnings per share $2.95 to $3.15.Sees FY 2018 revenue $2.475 billion to $2.55 billion.Sees FY 2018 adjusted earnings per share $3.07 to $3.27 excluding items.Q4 earnings per share $0.81.Q4 revenue $620.9 million versus I/B/E/S view $604 million.Q4 earnings per share view $0.76 -- Thomson Reuters I/B/E/S.Maximus Inc - ‍Backlog was $5.70 billion at September 30, 2017​.FY2018 earnings per share view $3.23, revenue view $2.51 billion -- Thomson Reuters I/B/E/S.  Full Article