secwatch / observer
8-K filed November 16, 2023, 6:59 PM ET ticker MMS CIK 0001032220
earnings confidence high sentiment positive materiality 0.75

Maximus reports Q4/FY2023 results; FY2024 guidance $5.05-5.2B revenue, adj. EPS $5.05-5.35

MAXIMUS, INC.

2023-FY EPS reported $2.63 revenue$4,904,728,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MAXIMUS, INC. reported fiscal year and fourth quarter ended September 30, 2023 results: revenue Full year $4.90 billion; fourth quarter $1.26 billion, EPS Full year diluted $2.63; fourth quarter diluted $0.96. Guidance initiated.

Period
fiscal year and fourth quarter ended September 30, 2023
Revenue
Full year $4.90 billion; fourth quarter $1.26 billion
EPS
Full year diluted $2.63; fourth quarter diluted $0.96
Guidance
initiated
Result
reported results
Exact text from the filing
Highlights for the fourth quarter and full fiscal year 2023 include: • Full year revenue increased 5.9% to $4.90 billion, compared to $4.63 billion for the prior year. Organic growth was 7.1% and driven by higher volumes on key programs in the U.S. segments. Fourth quarter revenue grew 7.0%, or 7.4% on an organic basis. • Full year diluted earnings per share were $2.63, and adjusted diluted earnings per share were $3.83. Fourth quarter diluted earnings per share were $0.96, and adjusted diluted earnings per share were $1.29. Excluding the previously disclosed cybersecurity incident, adjusted earnings per share were $4.18 and $1.38 for the full year and fourth quarter, respectively, of fiscal year 2023. • Record contract backlog of $20.7 billion at September 30, 2023, or 4 times trailing twelve months revenue, and signed contract awards totaling $6.1 billion in fiscal year 2023. • A quarterly cash dividend of $0.30 per share payable on November 30, 2023, to shareholders of record on Nov
View on SEC.gov

Browse all earnings releases →

MAXIMUS, INC. filing history →

Source: SEC EDGAR
accession 0001032220-23-000092
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.