MAXIMUS (MMS) Tops Q1 EPS by 26c; Offers 2022 Guidance
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Maximus Reports Fiscal Year 2022 First Quarter Results
February 3, 2022 6:30 AM EST- Company Raises Fiscal 2022 Revenue Guidance -
RESTON, Va.--(BUSINESS WIRE)-- Maximus (NYSE: MMS), a leading provider of government services worldwide, reported financial results for the three months ended December 31, 2021.
Highlights for the first quarter of fiscal 2022 include:
Revenue increased 21.7% to $1.15 billion driven by expected contributions from the acquisitions in the U.S. Federal Services segment and growth from startups ramping in the Outside the U.S. segment. Operating margin was 7.1%, or 9.0% adjusting for amortization of intangible assets. Diluted... More