MAXIMUS (MMS) Misses Q4 EPS by 1c, Revenues Miss; Offers FY19 EPS/Revenue Guidance Above Estimates

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MAXIMUS Reports Fourth Quarter and Full Year Results for Fiscal Year 2018

November 20, 2018 6:30 AM EST

- Completes Acquisition and Establishes Guidance for Fiscal Year 2019 -

RESTON, Va.--(BUSINESS WIRE)-- MAXIMUS (NYSE: MMS), a leading provider of government services worldwide, today reported financial results for the three months and year ended September30, 2018.

Highlights for fiscal year 2018 include:

Revenue of $2.39billion GAAP diluted earnings per share of $3.35 Total company operating margin of 12.4% Cash, cash equivalents and short-term investments that totaled $370million at September30, 2018 Solid cash generation with... More