secwatch.observer — SEC 8-K summary
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Issuer:     MAXIMUS, INC. (MMS)
CIK:        0001032220
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001032220-25-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maximus Q1 revenue up 5.7% to $1.40B, raises FY25 adjusted EPS guidance to $5.90-$6.20
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- Adjusted diluted EPS $1.61 vs $1.34 YoY; GAAP EPS $0.69 includes $38M divestiture charges from Australia/South Korea sales.
- U.S. Federal Services revenue +15.3% to $780.7M; U.S. Services revenue -7.7% to $452.3M on prior-year Medicaid unwinding.
- Repurchased 3.1M shares for $237M in Q1; additional 0.7M shares for $52.9M after quarter-end.
- Quarterly dividend of $0.30/share payable Feb 28, 2025 to holders of record Feb 15, 2025.
- Full-year free cash flow guidance raised by $10M to $355M-$385M; net leverage 1.8x, below 2x-3x target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032220/000103222025000014/0001032220-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032220/000103222025000014/mms-20250206.htm
  HTML page:      https://secwatch.observer/filing/0001032220-25-000014

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