Maximus reports record Q3 revenue of $1.24B, raises FY21 guidance

MAXIMUS, INC.

2021-Q3 EPS reported $3.84 revenue$3,148,354,000

Revenue $1.24B (+38% YoY); GAAP EPS $1.51, adjusted EPS $1.66.
COVID-19 response work contributed ~$460M in Q3; FY21 COVID revenue expected ~$1B.
FY21 guidance raised: revenue $4.2-4.25B, diluted EPS $4.65-4.75.
U.S. Federal Services segment revenue $617.6M (13.9% margin); U.S. Services $436.3M (14.3% margin).
Quarterly dividend $0.28/share payable Aug 31; acquisitions of Attain and VES on track.

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