Maximus Reports Strong Q1 Earnings, Raises FY Outlook

MCLEAN, Va. - Maximus Inc. (MMS) announced a profit of $41.2 million for its fiscal first quarter, a 0.96% increase. On a per-share basis, the earnings were 69 cents.

Excluding non-recurring and amortization expenses, adjusted earnings came in at $1.61 per share. The government health services provider generated $1.4 billion in revenue during the quarter.

Maximus anticipates full-year earnings within the range of $5.90 to $6.20 per share and revenue between $5.2 billion and $5.35 billion.