secwatch / observer

MAXIMUS, INC. — fact timeline

Source-grounded facts extracted from MAXIMUS, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

MMS MAXIMUS, INC. JSON
Debt Financings

MAXIMUS, INC. incurred term loan of $325,000,000 with JPMorgan Chase Bank, N.A. at same terms as the existing term B loans.

“The Amendment provides for new term B loans in an aggregate principal amount of $325,000,000 (the “Tranche B-1 Term Loans”) in the form of an increase to the existing term B loans”
Earnings Releases

MAXIMUS, INC. reported the three and six months ended March 31, 2026 results: revenue $1.31 billion, EPS $1.80. Guidance raised.

“Maximus Reports Fiscal Year 2026 Second Quarter Results Raises earnings outlook and announces $400 million share repurchase program (Tysons, Va. - May 7, 2026 ) - Maximus (NYSE: MMS), a leading provider of government services, reported financial results for the three and six months ended March 31, 2026. Highlights for the second quarter of fiscal year 2026 include: • Revenue of $1.31 billion was consistent with our full fiscal year 2026 expectations, and compares to $1.36 billion for the prior year period. • Diluted earnings per share were $1.80 and adjusted diluted earnings per share were $2.07, compared to $1.69 and $2.01, respectively, for the prior year period.”
Governance Changes

MAXIMUS, INC.: Amended and restated by-laws to revise advance notice disclosure requirements for shareholder proposals, including stock ownership, derivative instruments, performance fees, and compliance certifications; also revised notice-of-meeting provisions and made technical changes (effective 2025-06-10).

“On June 10, 2025, upon the recommendation of the Nominating and Governance Committee, the Board of Directors (the “Board”) of Maximus, Inc. (the “Company”) approved and adopted Amended and Restated By-laws of the Company (as so amended and restated, the “By-laws”). The By-laws became effective immediately upon approval by the Board.”
Earnings Releases

MAXIMUS, INC. reported three months ended March 31, 2024 results: revenue $1.35 billion, EPS $1.31. Guidance raised.

“reported financial results for the three and six months ended March 31, 2024. Highlights for the second quarter of fiscal year 2024 include: • Revenue increased 11.7% to $1.35 billion, compared to $1.21 billion for the prior year period. Organic growth was 12.6% and driven by expanded programs in the domestic segments and resumed Medicaid-related activities. •”
Shareholder Votes

MAXIMUS, INC. shareholders rejected Shareholder proposal regarding third party assessment on commitment to freedom of association and collective bargaining rights at the 2024-03-12 meeting.

“(d) Against a shareholder proposal regarding the commission of a third party assessment on the Company’s commitment to freedom of association and collective bargaining rights.”
Shareholder Votes

MAXIMUS, INC. shareholders approved Advisory vote on compensation of named executive officers at the 2024-03-12 meeting.

“(c) To approve, on an advisory basis, the compensation of the named executive officers, as disclosed in the compensation discussion and analysis, the compensation tables and any related material contained in the proxy statement.”
Shareholder Votes

MAXIMUS, INC. shareholders approved Ratify the appointment of Ernst & Young LLP as independent registered accounting firm for 2024 fiscal year at the 2024-03-12 meeting.

“(b) To ratify the appointment of Ernst & Young LLP as our independent registered accounting firm for our 2024 fiscal year.”
Shareholder Votes

MAXIMUS, INC. shareholders approved Election of eight directors for one-year terms expiring at the 2025 Annual Meeting at the 2024-03-12 meeting.

“(a) To elect Anne K. Altman, Bruce L. Caswell, John J. Haley, Jan D. Madsen, Richard A. Montoni, Gayathri Rajan, Raymond B. Ruddy and Michael J. Warren as directors for one-year terms expiring at the 2025 Annual Meeting of Shareholders.”

Teresa A. Weipert departed as General Manager, U.S. Federal Services at MAXIMUS, INC..

“On February 27, 2024, Maximus, Inc. (the “Company”) announced that Teresa A. Weipert, General Manager, U.S. Federal Services is departing the Company.”
Earnings Releases

MAXIMUS, INC. reported fiscal year 2024 results: EPS adjusted diluted earnings per share by $0.15. Guidance raised.

“The company is raising earnings and free cash flow guidance for fiscal year 2024. Adjusted operating income guidance is increasing by $15 million, adjusted diluted earnings per share by $0.15, and free cash flow by $10 million.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.