secwatch.observer — SEC 8-K summary
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Issuer:     MAXIMUS, INC. (MMS)
CIK:        0001032220
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001032220-23-000064
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032220/000103222023000064/0001032220-23-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032220/000103222023000064/mms-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001032220-23-000064

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