MAXIMUS (MMS) Tops Q1 EPS by 6c, Revenues Miss; Offers FY19 EPS/Revenue Guidance

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MAXIMUS Reports Fiscal Year 2019 First Quarter Results

February 7, 2019 6:30 AM EST

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 endedDecember31, 2018.

Highlights for the first quarter of fiscal year 2019 include:

Revenue grew 7% to $664.6 million compared to $623.1 million reported for the same period last year, driven by the citizen engagement center acquisition in the U.S. Federal Services Segment Diluted earnings per share of $0.86 were better-than-expected due to strong... More