secwatch.observer — SEC 8-K summary
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Issuer:     MAXIMUS, INC. (MMS)
CIK:        0001032220
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001032220-22-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maximus Q2 rev $1.18B (+22.7%); cuts FY22 EPS guidance to $3.00-$3.50 amid PHE delays
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- Revenue $1.18B (+22.7% YoY); organic flat; normalized organic ~20% excluding COVID work.
- GAAP EPS $0.80; adjusted EPS $1.07 vs prior year $1.29/$1.35 for Q2.
- FY22 EPS guidance cut to $3.00-$3.50 (adj. $4.07-$4.57) citing PHE delays; revenue guidance maintained $4.5B-$4.7B.
- U.S. Federal Services rev $573M (+74%) on acquisitions; U.S. Services rev $398M (-11%) from COVID work decline.
- Declared $0.28 dividend payable May 31; YTD contract awards $1.47B; pipeline $29.8B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032220/000103222022000025/0001032220-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032220/000103222022000025/mms-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001032220-22-000025

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