Maximus (MMS) Reports Q1 Fiscal Earnings: $1.85 EPS, Surpasses Estimates

Maximus Inc. (MMS) reported fiscal first-quarter net income of $93.9 million, or $1.85 per share on a non-GAAP basis, and $1.70 per share on a GAAP basis. Revenue totaled $1.35 billion for the period. Results exceeded the average Zacks estimate of $1.84 per share. The company guided to full-year earnings of $8.05 to $8.35 per share and revenue of $5.2 billion to $5.35 billion.