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MAXIMUS Reports Fiscal Year 2018 Second Quarter Results

05/10/2018

(RESTON, Va. - May 10, 2018) - MAXIMUS (NYSE: MMS), a leading provider of government services worldwide, today reported financial results for the three and six months ended March 31, 2018.

Highlights for the second quarter of fiscal year 2018 include:

  • Revenue of $612.8 million compared to $622.0 million reported for the same period last year
  • Diluted earnings per share of $0.84 compared to $0.80 for the same period last year
  • Cash flows from operations of $78.7 million and free cash flow of $72.0 million
  • Year-to-date signed contract awards of $1.4 billion and contracts pending (awarded but unsigned) of $489.1 million at March 31, 2018
  • Sales pipeline of $3.0 billion at March 31, 2018
  • Updated fiscal 2018 revenue and diluted earnings per share guidance

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