MAXIMUS (MMS) Tops Q1 EPS by 13c, Revenues Beat; Raises FY21 EPS/Revenue Guidance
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Maximus Reports Fiscal Year 2021 First Quarter Results
February 4, 2021 6:30 AM EST- Company Raises Fiscal 2021 Guidance due to COVID-Response Work -
RESTON, Va.--(BUSINESS WIRE)-- Maximus (NYSE: MMS), a leading provider of government services worldwide, reported financial results for the three months ended December 31, 2020.
Highlights for the first quarter of fiscal 2021 include:
Revenue increased 15.6% to $945.6 million as compared to $818.2 million reported for the prior-year period, driven by new COVID-response work such as contact tracing, disease investigation, vaccination support, unemployment insurance program support, and other key initiatives. Operating income... More