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0 0.000283768444948825 0.000113507377979465 0.00221339387060151 0.00113507377979562 0 0.000964812712826263 0.00073779795686717
Stock impact report

Efficient Receivables Management Aids Maximus Amid Declining Income [Yahoo! Finance]

Maximus, Inc. (MMS) 
Last maximus, inc. earnings: 2/6 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.maximus.com
Company Research Source: Yahoo! Finance
MMS benefits from its strong relationship with governments, allowing the company to generate recurring revenues from long-term contracts. MMS' strong cash flow and ability to borrow a hefty credit to meet working capital requirements provide a competitive edge. However, it is witnessing declining net income due to rising operating expenses and non-recurring costs. MMS reported impressive third-quarter fiscal 2024 results. Quarterly adjusted earnings of $1.7 per share beat the Zacks Consensus Estimate by 18.4% and increased more than 100% on a year-over-year basis. Revenues of $1.3 billion beat the consensus mark by 3% and rose 10.6% from the year-ago quarter's level. How is Maximus Faring? Maximus, with its experience of more than 40 years, has become the leading operator of government health and human services programs across the globe. Its expertise in business process management and capabilities to deliver cost-effective, efficient and high-scale solutions make it a profitabl Show less Read more
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