MAXIMUS INC
For the period ended Mar 31, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
MMS$65.64+0.2%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
| For the Three Months Ended | For the Six Months Ended | |||
|---|---|---|---|---|
| March 31, 2024 | March 31, 2023 | March 31, 2024 | March 31, 2023 | |
| (in thousands, except per share amounts) | ||||
| Revenue | $1,348,357 | $1,206,852 | $2,675,398 | $2,456,098 |
| Cost of revenue | 1,030,768 | 978,249 | 2,057,755 | 1,982,748 |
| Gross profit | 317,589 | 228,603 | 617,643 | 473,350 |
| Selling, general, and administrative expenses | 168,454 | 142,448 | 337,649 | 288,900 |
| Amortization of intangible assets | 21,641 | 23,650 | 44,990 | 47,168 |
| Operating income | 127,494 | 62,505 | 235,004 | 137,282 |
| Interest expense | 20,366 | 20,999 | 41,873 | 42,605 |
| Other expense/(income), net | (822) | (818) | (334) | (1,084) |
| Income before income taxes | 107,950 | 42,324 | 193,465 | 95,761 |
| Provision for income taxes | 27,440 | 10,536 | 48,807 | 23,978 |
| Net income | $80,510 | $31,788 | $144,658 | $71,783 |
| Earnings per share: | ||||
| Basic | $1.31 | $0.52 | $2.36 | $1.17 |
| Diluted | $1.31 | $0.52 | $2.35 | $1.17 |
| Weighted average shares outstanding: | ||||
| Basic | 61,371 | 61,120 | 61,330 | 61,119 |
| Diluted | 61,622 | 61,383 | 61,573 | 61,265 |
| Dividends declared per share | $0.30 | $0.28 | $0.60 | $0.56 |
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