MAXIMUS (MMS) Misses Q4 EPS by 1c, Offers FY20 Guidance

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MAXIMUS Reports Fourth Quarter and Full Year Results for Fiscal Year 2019

November 19, 2019 6:30 AM EST

- Establishes Guidance for Fiscal Year 2020 -

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 September 30, 2019.

Highlights for fiscal year 2019 include:

Revenue increased to $2.89 billion driven by the November 2018 acquisition in the U.S. Federal Services Segment Diluted earnings per share of $3.72 Total company operating margin of 11.0% Cash and cash equivalents of $105.6 million at... More