Maximus Q3 FY2022 revenue $1.13B, EPS $0.51; cuts FY2022 EPS guidance on $11.7M write-down

MAXIMUS, INC.

2022-Q3 EPS reported $2.17 revenue$3,453,987,000

Revenue $1.13B, down $118M YoY; normalized organic growth ~21% ex COVID response work.
GAAP EPS $0.51, adjusted $0.78; prior year $1.51/$1.66.
Outside the U.S. segment $11.7M write-down on implementation-phase contract, reducing EPS by $0.14.
FY2022 EPS guidance lowered to $2.85-$3.05 ($3.95-$4.15 adj); revenue midpoint $4.6B unchanged.
Quarterly dividend $0.28/share, payable Aug 31, record Aug 15.

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