MAXIMUS (MMS) Misses Q1 EPS by 7c

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MAXIMUS Reports First Quarter Results for Fiscal Year 2016

February 4, 2016 6:30 AM EST

Pending Change Order Shifts $8.6 Million of Revenue and $0.08 of Earnings From First Quarter to Second Quarter; Company Reiterates Full-Year Revenue and Earnings Guidance

RESTON, Va.--(BUSINESS WIRE)-- MAXIMUS (NYSE: MMS), a leading provider of government services worldwide, today reported financial results for the three months ended December 31, 2015.

Highlights for the first quarter of fiscal year 2016 include:

Revenue growth of 19% to $556.7 million compared to the same period last year Diluted earnings per share of $0.40, which reflect programs in the start-up phase and... More