Announcement • May 09
Maximus, Inc. Maintains Earnings Guidance for the Fiscal Year 2026 Maximus, Inc. maintained earnings guidance for the fiscal year 2026. Revenue guidance is maintained between $5.2 billion and $5.35 billion. Announcement • May 08
Maximus, Inc. (NYSE:MMS) announces an Equity Buyback for $400 million worth of its shares. MAXIMUS, Inc. (NYSE:MMS) announces a share repurchase program. Under the plan, the company will repurchase up to $400 million worth of shares. Announcement • Apr 24
Maximus Announces Appointment of Elizabeth Moellering as General Counsel and Corporate Secretary Maximus announced Elizabeth Moellering as the company’s new General Counsel and Corporate Secretary. In this role, she succeeds John Martinez, who departed the company earlier this year. Since February 2026, Moellering has served as Interim General Counsel and Deputy General Counsel. She originally joined Maximus in 2024 as Head of Litigation, where she built a new, disciplined structure for managing legal disputes before taking on additional responsibilities. Prior to joining Maximus, Moellering handled complex litigation and investigations at Optum, served as a federal prosecutor focused on white-collar matters and child victim offenses, and practiced as a litigation associate at Skadden Arps. Her proven track record, deep legal expertise, and the strong relationships she has built across the legal team and the enterprise make her the right leader to serve as General Counsel at this time. Announcement • Apr 09
Maximus, Inc. to Report Q2, 2026 Results on May 07, 2026 Maximus, Inc. announced that they will report Q2, 2026 results at 6:30 AM, US Eastern Standard Time on May 07, 2026 Announcement • Apr 07
Maximus Declares Quarterly Cash Dividend, Payable on June 1, 2026 Maximus, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.33 per share, payable on June 1, 2026, to shareholders of record on May 15, 2026. Announcement • Feb 05
Maximus, Inc. Narrowing revenue Guidance for the Fiscal Year 2026 Maximus, Inc. narrowed revenue guidance for the fiscal year 2026. For the year, the company Revenue is now expected to range between $5.2 billion and $5.35 billion, with $25 million of the change from prior guidance attributable to the divested U.S. Services Segment business. Announcement • Jan 27
Maximus Launches Error Prevention Solution for State Supplemental Nutrition Assistance Programs Maximus announced the launch of Accuracy AssistantTM by Maximus, a suite of offerings for state government programs, tailored to the Supplemental Nutrition Assistance Program (SNAP). Using predictive analytics and intelligent automation to detect data inconsistencies and flag accuracy issues, this AI-powered solution can provide states with real-time case file analysis to address potential data inconsistencies before they become costly errors. The solution launch comes at a critical time for states as they prepare for upcoming federal changes to state SNAP that require states to fund a portion of the benefits starting in October 2027 based on their payment error rates. The payment error rate measures how accurately states determine SNAP eligibility and benefit amounts. States with error rates exceeding 6% will pay a progressively higher share of the cost of the SNAP food benefit starting in October 2027. Developed by a Maximus team of technology experts and former state program administrators, Accuracy Assistant identifies high-risk cases -- those most likely to result in errors -- through real-time analysis of case files, verifying that the information used by staff to make decisions is accurate, before benefits are issued. Accuracy Assistant provides a multi-prong, AI-enabled approach for improving quality and increasing accuracy of the SNAP benefit verification process, including: Predictive Analytics and Error Profiling: Before benefits are determined, Accuracy Assistant identifies data patterns from historical errors and state-specific rules to determine an error risk profile for each case. Flagging high-risk cases allows staff to resolve issues early without delaying low-risk cases. Eligibility Inconsistency Identification: Intelligent document processing and natural language processing extends and verifies data, providing real-time accuracy checks throughout the review process. Accuracy Assistant promptly alerts staff to data inconsistencies or missing information that can lead to errors. Side-by-Side Support for Eligibility Staff: Throughout the eligibility process, Accuracy Assistant providespoints to support getting information right the first time. It provides instant policy and procedure guidance using a curated database of federal and state regulations. Before, during, and after staff conduct application interviews, Accuracy Assistant flags missing information, provides real-time guidance, and auto-generates interaction summaries. Monitoring and Reporting: Interactive dashboards can offer state program leaders real-time visibility into key metrics, helping them track program performance, identify error trends, and drive continuous improvement. Announcement • Jan 08
Maximus, Inc. to Report Q1, 2026 Results on Feb 05, 2026 Maximus, Inc. announced that they will report Q1, 2026 results at 6:30 AM, US Eastern Standard Time on Feb 05, 2026 Announcement • Jan 07
Maximus Announces Quarterly Cash Dividend, Payable on March 2, 2026 Maximus announced that its Board of Directors has approved a quarterly cash dividend $0.33 per share, a 10% increase from the prior quarterly dividend of $0.30 per share. The dividend is payable on March 2, 2026, to shareholders of record on February 13, 2026. Announcement • Dec 19
Maximus, Inc. Announces Resignation of John T. Martinez as Chief Legal Officer and Corporate Secretary, Effective February 15, 2026 On December 15, 2025, Maximus, Inc. received notice from John T. Martinez, the Company's Chief Legal Officer and Corporate Secretary, of his intention to resign effective February 15, 2026. Mr. Martinez' resignation is solely due to his personal desire to pursue a new opportunity that is more closely aligned with his industry background and experience and not due to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. Mr. Martinez will continue in his current role until his departure. Announcement • Nov 21
Maximus, Inc. Provides Earnings Guidance for the Fiscal Year 2026 Maximus, Inc. provided earnings guidance for the fiscal year 2026. The company expects revenue to range between $5.225 billion and $5.425 billion. Announcement • Oct 09
Maximus, Inc. to Report Q4, 2025 Results on Nov 20, 2025 Maximus, Inc. announced that they will report Q4, 2025 results at 6:30 AM, US Eastern Standard Time on Nov 20, 2025 Announcement • Oct 06
Maximus, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2025 Maximus, Inc. announced on October 6, 2025, that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on December 1, 2025, to shareholders of record on November 14, 2025. Announcement • Aug 07
Maximus, Inc. Raises Its Earnings Guidance for the Full Year 2025 Maximus, Inc. raised its earnings guidance for the full year 2025. For the year company expects revenue is expected to range between $5.375 billion and $5.475 billion. Announcement • Jul 10
Maximus, Inc. to Report Q3, 2025 Results on Aug 07, 2025 Maximus, Inc. announced that they will report Q3, 2025 results at 6:30 AM, US Eastern Standard Time on Aug 07, 2025 Announcement • Jul 07
Maximus, Inc. Approves Quarterly Cash Dividend, Payable on August 31, 2025 Maximus announced on July 5, 2025, that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on August 31, 2025, to shareholders of record on August 15, 2025. Announcement • May 08
Maximus, Inc. Raises Earnings Guidance for the Year 2025 Maximus, Inc. raised earnings guidance for the year 2025. For fiscal year 2025, Revenue guidance is increasing by $50 million, which is all organic, and now expected to range between $5.25 billion and $5.4 billion. Announcement • Apr 10
Maximus, Inc. to Report Q2, 2025 Results on May 08, 2025 Maximus, Inc. announced that they will report Q2, 2025 results at 6:30 AM, US Eastern Standard Time on May 08, 2025 Announcement • Apr 07
Maximus, Inc. Approves Quarterly Cash Dividend, Payable on May 31, 2025 Maximus, Inc. announced on April 5, 2025, that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on May 31, 2025, to shareholders of record on May 15, 2025. Announcement • Feb 06
Maximus, Inc. Raises Earnings Guidance for the Year 2025 Maximus, Inc. raised earnings guidance for the year 2025. For the year, Revenue is now expected to range between $5.2 billion and $5.35 billion adjusting for the recent divestiture that removed approximately $100 million of revenue, and partially offset by increased organic growth. Announcement • Jan 23
Maximus, Inc., Annual General Meeting, Mar 11, 2025 Maximus, Inc., Annual General Meeting, Mar 11, 2025. Announcement • Jan 09
Maximus, Inc. to Report Q1, 2025 Results on Feb 06, 2025 Maximus, Inc. announced that they will report Q1, 2025 results at 6:30 AM, US Eastern Standard Time on Feb 06, 2025 Announcement • Jan 06
Maximus Declares Quarterly Cash Dividend , Payable February 28,2025 Maximus announced on January 5, 2025, that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on February 28, 2025, to shareholders of record on February 15, 2025. Reported Earnings • Nov 22
Full year 2024 earnings released: EPS: US$5.03 (vs US$2.65 in FY 2023) Full year 2024 results: EPS: US$5.03 (up from US$2.65 in FY 2023). Revenue: US$5.31b (up 8.2% from FY 2023). Net income: US$306.9m (up 90% from FY 2023). Profit margin: 5.8% (up from 3.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Global Professional Services industry. Announcement • Nov 21
Maximus, Inc. Provides Earnings Guidance for Fiscal Year 2025 Maximus, Inc. is establishing fiscal year 2025 guidance. For the period, revenue is expected to range between $5.275 billion and $5.425 billion. Board Change • Nov 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Chairman John Haley was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 17
Maximus, Inc. to Report Q4, 2024 Results on Nov 20, 2024 Maximus, Inc. announced that they will report Q4, 2024 results After-Market on Nov 20, 2024 Declared Dividend • Oct 09
Third quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 15th November 2024 Payment date: 30th November 2024 Dividend yield will be 0.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Announcement • Oct 07
Maximus, Inc. Declares Quarterly Cash Dividend, Payable on November 30, 2024 Maximus, Inc. announced on October 5, 2024, that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on November 30, 2024, to shareholders of record on November 15, 2024. Board Change • Sep 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Chairman John Haley was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 04
Maximus, Inc. Appoints Mike Raker as Chief Technology Officer Maximus, Inc. announced Mike Raker as its Chief Technology Officer (CTO). As a key member of leadership team, Raker oversees the company’s Technology and Innovation organization. The CTO and its team are vital to setting Maximus’ strategic technology direction, aligning technical solutions to enterprise strategy and business needs, driving investments in research and development activities, and developing cutting-edge technologies. Raker has an extensive history of developing and delivering differentiated technology solutions at scale to governments across the globe. Prior to joining Maximus, Raker held multiple technical roles as Vice President at Leidos overseeing the development of the technology and innovation strategy for a large and diverse international software and solutions pipeline. He was also CTO at product and services scaleups domestically and internationally, bringing a diverse background in venture-backed firms ranging from product development and strategy to go-to-market and scaling operations. He maintains an active network of global and domestic innovative partners, including as a member of the board of trustees for University of Virginia (UVA) engineering. Announcement • Aug 08
Maximus, Inc. Revises Earnings Guidance for the Full Year 2024 Maximus is further raising fiscal year 2024 guidance following its third quarter results. Revenue is now expected to range between $5.25 billion and $5.35 billion, representing an increase of $100 million from the midpoint of prior guidance. Announcement • Jul 05
Maximus, Inc. Declares Quarterly Cash Dividend Payable on August 31, 2024 Maximus, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on August 31, 2024, to shareholders of record on August 15, 2024. Announcement • Jul 04
Maximus, Inc. to Report Q3, 2024 Results on Aug 07, 2024 Maximus, Inc. announced that they will report Q3, 2024 results After-Market on Aug 07, 2024 Announcement • May 10
Maximus, Inc. Revises Revenue Guidance for the Fiscal Year 2024 Maximus, Inc. revised revenue guidance for the fiscal year 2024. For the period, the company is now expected to range between $5.15 billion and $5.25 billion, representing an increase of $75 million from prior guidance at the midpoint. Announcement • Apr 12
Maximus, Inc. to Report Q2, 2024 Results on May 08, 2024 Maximus, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on May 08, 2024 Announcement • Apr 10
Maximus Launches Total Experience Management (TXM) Solution to Transform the Customer Experience of Federal Agencies Maximus announced the launch of Maximus Total Experience Management (TXM), an integrated solution designed to help federal agencies deliver trusted information and government services simply, consistently, and securely. This new solution seamlessly integrates people, experience, data insights, and secure technologies into one digitally powered platform to reimagine government service delivery. Maximus TXM provides federal agencies with cutting-edge tools that will improve the customer experience in one comprehensive solution with FedRAMP-authorized technologies. This new solution is the innovative contact center of the future, delivering CX-as-a-service (CXaaS) through a suite of strategic methodologies, best practices, and advanced tools. Maximus TXM has delivered exceptional successes for its clients. Individual federal agencies have already seen $26 Million in reduced onboarding costs, 27% improvement in quality scores within the first six weeks, and 198% reduction in employee turnover. Maximus TXM is designed with cloud-based modular, flexible, and scalable technology to create an unmatched digital contact center solution for federal agency leaders. It integrates cloud-based platforms for communications, customer and employee-centric strategies, and a host of microservices, such as AI-enabled web services, chat bots, and the Maximus Intelligent Virtual Assistant (IVA). Additionally, this solution provides key services to enable agency leaders to attract, hire, train, and empower employees who interact and represent their agency to the public. Maximus has a proven track record of achieving exceptional customer satisfaction results in government programs. Maximus TXM provides the ability to optimize operations for continuous program improvement using data-driven insights, all within a government-focused FedRAMP-compliant environment. Announcement • Apr 05
Maximus, Inc. Approves Quarterly Cash Dividend, Payable on May 31, 2024 Maximus, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on May 31, 2024, to shareholders of record on May 15, 2024. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Chairman John Haley was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 08
First quarter 2024 earnings released: EPS: US$1.05 (vs US$0.65 in 1Q 2023) First quarter 2024 results: EPS: US$1.05 (up from US$0.65 in 1Q 2023). Revenue: US$1.33b (up 6.2% from 1Q 2023). Net income: US$64.1m (up 60% from 1Q 2023). Profit margin: 4.8% (up from 3.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Global Professional Services industry. Board Change • Feb 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Chairman John Haley was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 31
Maximus, Inc. Appoints Derrick Pledger as Chief Digital and Information Officer Maximus announced Derrick Pledger has been named Chief Digital and Information Officer (CDIO). In this new role, Pledger will lead the company’s technology modernization and enterprise IT strategies to spur growth while delivering seamless customer experience (CX) and improved service delivery for government agencies. Pledger has more than two decades of experience in the government technology industry, with a strong history of success across application development, cloud computing, data analytics, cyber resilience, governance, and technology modernization. He joins Maximus after serving as CDIO at Leidos, where Pledger successfully led a global team of technologists, developers, enterprise architects, and service delivery experts responsible for managing a digital ecosystem supporting more than 47,000 employees. Pledger is a U.S. Army Veteran who served multiple tours of duty overseas in Iraq, Afghanistan, and the Horn of Africa in both public and private sector roles. His career accomplishments span a wide range of technologies and capabilities with a common focus on outcome-based delivery. Reflecting his commitment to talent development, Pledger recently implemented a broad upskilling program for CDIO personnel in analytics, cloud, and AI. Those accomplishments have led to a host of honors for Pledger, as he received the Modern Day Technology Leader Award in 2017 and has been named to several Top Execs lists for Cloud and CIO leaders. He also serves on the Pamplin College of Business, Business Information Technology Advisory Board at Virginia Tech, the Customer Advisory Board for Rancher Government Solutions, and the Advisory Board for CapitalCIO. Announcement • Jan 25
Maximus, Inc., Annual General Meeting, Mar 12, 2024 Maximus, Inc., Annual General Meeting, Mar 12, 2024, at 11:00 US Eastern Standard Time. Agenda: To consider the election of eight Directors nominated by the Board of Directors of the Company to serve until the 2025 Annual Meeting of Shareholders; to consider the ratification of the appointment of Ernst & Young LLP as our independent registered accounting firm for our 2024 fiscal year; to consider an advisory vote to approve the compensation of the named executive officers; and to consider a shareholder proposal regarding the commission of a third party assessment on the Company's commitment to freedom of association and collective bargaining rights. Announcement • Jan 24
Maximus Announces Executive Appointments Maximus announced a new Federal growth leadership team managing three key verticals across Civilian, Health, and Defense. This announcement aligns with the company’s market, technology, and business process initiatives, reimaging how agencies implement technologies and improve the customer experience (CX) for the public. Maximus announced new Executive Managing Directors (EMD) who will lead each of the three verticals created through the reorganization: Diarmuid O’Casey will lead Civilian, Monica Rosser will lead Health, and Pamela Powers will lead Defense. O’Casey, EMD – Civilian, will work with civilian agencies to scale enterprise programs and joins Maximus after spending nearly seven years with ARSC Federal, building relationships with civilian agencies such as the Department of Labor (DOL) and Department of Education (DOE). Rosser, EMD – Health, will lead continued growth through a focus on patient-first government programs to shape the future of healthcare. Rosser comes to Maximus after several leadership roles across the government contracting market, including with Deloitte and Booz Allen Hamilton. Powers, EMD – Defense, will be responsible for operations, business development, and support of the company's defense customers. Powers spent 28 years as an officer in the United States Air Force and served as the Department of Veterans Affairs (VA) Acting Deputy Secretary and Chief of Staff prior to her federal consulting career. Announcement • Jan 11
Maximus, Inc. Declares Quarterly Cash Dividend, Payable on February 29, 2024 Maximus announced that its Board of Directors has approved a quarterly cash dividend of $0.30 per share, payable on February 29, 2024, to shareholders of record on February 15, 2024. Announcement • Jan 09
Maximus, Inc. to Report Q1, 2024 Final Results on Feb 07, 2024 Maximus, Inc. announced that they will report Q1, 2024 final results After-Market on Feb 07, 2024 Announcement • Oct 13
Maximus, Inc. to Report Q4, 2023 Results on Nov 15, 2023 Maximus, Inc. announced that they will report Q4, 2023 results After-Market on Nov 15, 2023 Announcement • Sep 12
Maximus, Inc. Announces Executive Changes Maximus announced John Martinez as the company’s new General Counsel. Martinez succeeds David Francis, who has been with Maximus since 1998 and will help Martinez transition into the new role before his previously announced retirement at the end of 2023. Martinez joins Maximus after serving as Vice President and General Counsel of GE Aerospace. In that role, Martinez was responsible for developing and executing the company’s legal strategy across the commercial aviation and defense sectors and led several aspects of GE Aerospace’s global portfolio, including the legal, contracts, compliance, and government relations organizations. Martinez’s earlier legal career included several executive roles as Vice President and General Counsel for Raytheon Intelligence & Space, Deputy General Counsel for the Director of National Intelligence, and Senior Associate General Counsel at the Central Intelligence Agency. Among Martinez’s professional accolades is admission to the National Hispanic Bar Association’s (NHBA) prestigious PODER25 program, NHBA’s General Counsel talent pipeline initiative. Announcement • Jun 30
Maximus, Inc. to Report Q3, 2023 Results on Aug 02, 2023 Maximus, Inc. announced that they will report Q3, 2023 results After-Market on Aug 02, 2023 Announcement • Jun 25
Maximus, Inc.(NYSE:MMS) dropped from Russell Small Cap Comp Value Index Maximus, Inc.(NYSE:MMS) dropped from Russell Small Cap Comp Value Index Announcement • May 05
Maximus, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2023 Maximus, Inc. reaffirmed earnings guidance for the fiscal year 2023. For the period, Company expected Revenue to range between $4.85 billion and $5.0 billion. Announcement • Feb 10
Maximus Names Elisabeth Schmidt as Senior Vice President for Technology and Consulting Services Maximus has named Elisabeth Schmidt as one of the company’s new Senior Vice Presidents for Technology and Consulting Services. In this role, Schmidt will guide the company’s delivery of comprehensive solutions for federal health agencies for improved citizen outcomes. Schmidt has more than 25 years of consulting services experience across federal, state, and local government clients, as well as private sector companies. Throughout her career, Schmidt has specialized in complex program management and delivery across the spectrum of systems integration, application development, business process outsourcing, and transformation programs. Schmidt’s previous technology consulting roles include being a Managing Director with Accenture Federal Services, Senior Director with Eagle Hill Consulting, and most recently Partner with IBM Consulting. Reported Earnings • Feb 09
First quarter 2023 earnings released: EPS: US$0.65 (vs US$0.86 in 1Q 2022) First quarter 2023 results: EPS: US$0.65 (down from US$0.86 in 1Q 2022). Revenue: US$1.25b (up 8.5% from 1Q 2022). Net income: US$40.0m (down 25% from 1Q 2022). Profit margin: 3.2% (down from 4.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Global IT industry. Announcement • Feb 09
Maximus, Inc. Raises Earnings Guidance for the Fiscal Year 2023 Maximus, Inc. raised earnings guidance for the fiscal year 2023. The company is raising fiscal year 2023 revenue and earnings guidance following passage of the Consolidated Appropriations Act, 2023 (omnibus spending bill), which directs states to resume Medicaid redeterminations on a prescribed timeline. The company now expects revenue to range between $4.85 billion and $5.0 billion, compared to prior revenue guidance of between $4.75 billion and $4.90 billion. Upcoming Dividend • Feb 07
Upcoming dividend of US$0.28 per share at 1.5% yield Eligible shareholders must have bought the stock before 14 February 2023. Payment date: 28 February 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Mexican dividend payers (5.8%). Lower than average of industry peers (4.8%). Announcement • Jan 26
Maximus, Inc., Annual General Meeting, Mar 14, 2023 Maximus, Inc., Annual General Meeting, Mar 14, 2023, at 11:00 US Eastern Standard Time. Agenda: To consider the election of eight directors nominated by the board of directors of the company to serve until the 2024 annual meeting of shareholders; to consider the ratification of the appointment of ernst & young llp as our independent registered accounting firm for our 2023 fiscal year; to consider an advisory vote to approve the compensation of the named executive officers; and to consider an advisory vote on whether shareholders will vote on named executive officer compensation every one, two, or three years. Announcement • Jan 11
Maximus Declares Quarterly Cash Dividend, Payable on February 28, 2023 Maximus announced that its Board of Directors has approved a quarterly cash dividend of $0.28 per share, payable on February 28, 2023, to shareholders of record on February 15, 2023. Announcement • Jan 06
Maximus, Inc. to Report Q1, 2023 Results on Feb 08, 2023 Maximus, Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 08, 2023 Announcement • Jan 05
Maximus Appoints Joe Jeter as Senior Vice President of Federal Technology Maximus announced it has named Joe Jeter as the company’s new Senior Vice President for Federal Technology. In this role, Jeter will lead the company’s technology strategy and approach for federal agencies, utilizing his years of experience specializing in technology strategy development, process improvement, and operational execution. Jeter’s acumen for managing IT enterprise systems stems from his early years as a systems engineer at Verizon, and his career progressed through large-scale IT strategy and systems delivery with Unisys Corp, global telecommunications firms, and leading private equity firms. Jeter’s career highlights include developing a cyber security organization and global network of cyber operation centers to support application and broadband reliability. Additionally, Jeter developed the architecture for Armed Forces Radio and Television Network’s streaming services as well as the first SaaS (Software-as-a-Service) platform to support the Virginia Lottery’s business intelligence requirements. Recent Insider Transactions • Dec 09
Independent Director recently bought Mex$7.9m worth of stock On the 7th of December, Raymond Ruddy bought around 6k shares on-market at roughly Mex$1,380 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Mex$8.6m more in shares than they have sold in the last 12 months. Reported Earnings • Nov 22
Full year 2022 earnings released: EPS: US$3.30 (vs US$4.69 in FY 2021) Full year 2022 results: EPS: US$3.30 (down from US$4.69 in FY 2021). Revenue: US$4.63b (up 8.9% from FY 2021). Net income: US$203.8m (down 30% from FY 2021). Profit margin: 4.4% (down from 6.8% in FY 2021). The decrease in margin was driven by higher expenses. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.28 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Mexican dividend payers (6.6%). Lower than average of industry peers (3.4%). Recent Insider Transactions • Oct 04
Key Executive recently sold Mex$3.7m worth of stock On the 30th of September, David Mutryn sold around 3k shares on-market at roughly Mex$1,163 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Upcoming Dividend • Aug 05
Upcoming dividend of US$0.28 per share Eligible shareholders must have bought the stock before 12 August 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (3.0%). Reported Earnings • Aug 04
Third quarter 2022 earnings released: EPS: US$0.51 (vs US$1.52 in 3Q 2021) Third quarter 2022 results: EPS: US$0.51 (down from US$1.52 in 3Q 2021). Revenue: US$1.13b (down 9.5% from 3Q 2021). Net income: US$31.3m (down 67% from 3Q 2021). Profit margin: 2.8% (down from 7.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to stay flat compared to a 7.9% growth forecast for the industry in Mexico. Recent Insider Transactions • Jun 16
Independent Director recently bought Mex$21m worth of stock On the 14th of June, Raymond Ruddy bought around 17k shares on-market at roughly Mex$1,193 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$62m more in shares than they bought in the last 12 months. 
