Maximus' Fiscal Q2 Adjusted Net Income, Revenue Rise; Fiscal 2025 Guidance Increased

MT Newswires Live
05-08

Maximus (MMS) reported fiscal Q2 adjusted net income Thursday of $2.01 per diluted share, up from $1.57 a year earlier.

Two analysts polled by FactSet expected $1.38.

Revenue for the quarter ended March 31 was $1.36 billion, up from $1.35 billion a year earlier.

Two analysts surveyed by FactSet expected $1.29 billion.

The company said it has increased its fiscal 2025 adjusted earnings guidance to a range of $6.30 to $6.60 per diluted share from its previous guidance of $5.90 to $6.20. Two analysts surveyed by FactSet expect $6.10.

Maximus also said it now expects fiscal 2025 revenue of $5.25 billion to $5.4 billion. That compares with its previous guidance of $5.20 billion to $5.35 billion. Two analysts polled by FactSet expect $5.3 billion.

The company's shares were up more than 4% in recent premarket activity on Thursday.

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