---
schema_version: "secwatch.filing_event.v1"
accession: "0001032220-23-000064"
form_type: "8-K"
ticker: "MMS"
cik: "0001032220"
company_name: "MAXIMUS, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T06:58:25.588866+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Maximus Q3 revenue up 5.6% to $1.19B; adjusted EPS $0.78 includes $0.26 cyber hit; FY23 guidance lowered

## Summary
- Revenue $1.19B, +5.6% YoY; organic growth 6.7% driven by U.S. segments.
- Adjusted diluted EPS $0.78 (flat vs prior year); includes ~$22M ($0.26/sh) expense for cybersecurity incident.
- U.S. Federal Services segment revenue +11.1% to $584M; margin 12.7% beating expectations.
- Outside U.S. segment revenue -22.5% to $155.7M; operating loss $15.2M driven by macroeconomic factors.
- FY23 guidance: revenue midpoint unchanged at $4.925B; adjusted EPS lowered to $3.74-$3.94 (from $4.00-$4.30) due to cyber costs.

## SEC filing metadata
- accession: 0001032220-23-000064
- form_type: 8-K
- ticker: MMS
- cik: 0001032220
- company_name: MAXIMUS, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032220/000103222023000064/0001032220-23-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032220/000103222023000064/mms-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001032220-23-000064
- JSON: https://secwatch.observer/filing/0001032220-23-000064.json
- Plain text: https://secwatch.observer/filing/0001032220-23-000064.txt

## Key facts
- Earnings Releases
  MAXIMUS, INC. reported the three and nine months ended June 30, 2023 results: revenue $1.19 billion, EPS $0.50. Guidance reaffirmed.
  - Period: the three and nine months ended June 30, 2023
  - Revenue: $1.19 billion
  - EPS: $0.50
  - Guidance: reaffirmed
  - Result: reported results
  source text: reported financial results for the three and nine months ended June 30, 2023. Highlights for the third quarter of fiscal year 2023 include: • Revenue increased 5.6% to $1.19 billion, compared to $1.13 billion for the prior year period. Organic growth was 6.7% and driven by higher volumes on key programs in the U.S. segments. • Diluted earnings per share were
  evidence_url: https://www.sec.gov/Archives/edgar/data/1032220/000103222023000064/0001032220-23-000064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.