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Stock impact report

MAXIMUS Suspends Fiscal 2020 Guidance and Provides COVID-19 Status Update

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: Business Wire
RESTON, Va.--(BUSINESS WIRE)--MAXIMUS (NYSE: MMS), a leading provider of government services worldwide, suspended its fiscal 2020 revenue and earnings guidance due to the uncertainty of the impact on global operations following the emergence of the coronavirus pandemic (COVID-19). The Company will provide an update on its next earnings call in May.The full extent of the COVID-19 pandemic on the Company’s operational and financial performance, including its ability to execute business operations, strategies, and initiatives over the expected time frame, is uncertain and will depend on future developments. The duration and broader implications of the pandemic and related developments cannot be reasonably predicted at this time, but MAXIMUS expects negative impacts to the income statement and cash flows for fiscal 2020.The Company’s strong balance sheet will enable it to meet its contractual and financial obligations as these come due, including its income protection plan for its emp Show less Read more
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