MAXIMUS (MMS) Tops Q3 EPS by 4c; Issues Mixed Outlook

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MAXIMUS Reports Third Quarter Results for Fiscal Year 2016

August 4, 2016 6:30 AM EDT

- The Company Updates Guidance for Fiscal 2016 -

RESTON, Va.--(BUSINESS WIRE)-- MAXIMUS (NYSE: MMS), a leading provider of government services worldwide, today reported financial results for the three and nine months ended June 30, 2016.

Highlights for the third quarter of fiscal year 2016 include:

Revenue growth of 8% to $617.1 million compared to the same period last year Diluted earnings per share of $0.79 (which included a $0.06 gain on the sale of the K-12 education business partially offset by legal expenses of $0.02); in addition... More