Maximus, Inc. (NYSE:MMS) Q1 2022 Earnings Conference Call February 3, 2022 9:00 AM ET Company Participants Madison West - VP, IR David Mutryn - CFO, Principal Financial Officer & Treasurer Bruce Caswell - President, CEO & Director James Francis - Senior Director, IR Conference Call Participants Charles Strauzer - CJS Securities Donald Hooker - KeyBanc Capital Markets Operator Greetings, and welcome to the Maximus Fiscal 2022 First Quarter Earnings Conference Call. [Operator Instructions]. As a reminder, thi ...

Table of Contents As filed with the Securities and Exchange Commission on February 3, 2022 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________. Commission file number: 1-12997 Maximus, In ...

Table of Contents As filed with the Securities and Exchange Commission on November 18, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Commission file number: 1-12997 Maximus, Inc. (Exact name of registrant as specified in its charter) Virginia 54-1000588 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 1891 Metro Center Drive, Reston, Virginia 20190 (Address of principal executive offices) (Zip Code) (703) 251-8500 (R ...

Maximus, Inc. (NYSE:MMS) Q4 2021 Earnings Conference Call November 18, 2021 9:00 AM ET Company Participants James Francis - Vice President of Investor Relations Rick Nadeau - Chief Financial Officer David Mutryn - Senior Vice President of Finance Bruce Caswell - President & Chief Executive Officer Conference Call Participants Donald Hooker - KeyBanc Capital Markets Operator Greetings and welcome to the Maximus Fiscal 2021 Fourth Quarter and Year-End Earnings Conference Call. At this time, all participants a ...

Fiscal 2021 Third Quarter Earnings Call 1 | Maximus: Q3 FY20 Earnings Presentation Rick Nadeau Chief Financial Officer David Mutryn Senior VP of Finance August 5, 2021 Forward-looking Statements & Non-GAAP Information These slides should be read in conjunction with the Company's most recent quarterly earnings press release, along with listening to or reading a transcript of the comments of Company management from our most recent quarterly earnings conference call. This document may contain non-GAAP financia ...

Maximus, Inc. (NYSE:MMS) Q3 2021 Earnings Conference Call August 5, 2021 9:00 AM ET Company Participants James Francis - Investor Relations Bruce Caswell - President and Chief Executive Officer Rick Nadeau - Chief Financial Officer David Mutryn - Senior Vice President, Finance Richard Montoni - Vice Chairman Conference Call Participants Brendan Popson - CJS Securities Don Hooker - KeyBanc Capital Markets Richard Close - Canaccord Genuity Operator Greetings and welcome to the Maximus Third Quarter Fiscal Yea ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2021 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-12997 Maximus, Inc. (Exact name of registrant as specified in its charter) Virginia 54-1000588 (State or other jurisdiction of inc ...

Financial Data and Key Metrics Changes - MAXIMUS reported a revenue increase of 17.3% to $959.3 million compared to the prior year period, with diluted earnings at $1.29 per share and an operating income margin of 11.8% for the quarter [7][8][36] - COVID response activities generated $242 million in revenue for the second quarter and $402 million year-to-date, with projections for full fiscal year COVID response revenue now ranging between $800 million and $850 million [8][36] Business Line Data and Key Metrics Changes - U.S. Services segment revenue increased to $448.2 million, driven by approximately $175 million from COVID response work, with an operating income margin of 18.5% [12][13] - U.S. Federal Services segment revenue decreased to $330 million due to the conclusion of the census contract, but organic growth excluding the census was 13% driven by an estimated $56 million from COVID response work [14][15] - Outside the U.S. segment revenue for the second quarter was $180.9 million, with an operating income of $15.1 million and a margin of 8.3% [19][20] Market Data and Key Metrics Changes - The Australian Employment Services business performed well, with job seekers finding and sustaining work as the economy reopened, contributing to the overall positive performance in the Outside the U.S. segment [9][20] - New employment services contracts were secured in the UK, Saudi Arabia, Sweden, South Korea, and Italy, indicating market expansion opportunities [22][94] Company Strategy and Development Direction - The company is focused on three strategic priorities: digital transformation, clinical evolution, and market expansion, with recent acquisitions aimed at enhancing technology capabilities and expanding federal market presence [44][46][52] - The integration of Attain and Veterans Evaluation Services (VES) is a priority, with plans to use free cash flow to pay down debt and maintain leverage below 2.5x [25][28][112] Management's Comments on Operating Environment and Future Outlook - Management anticipates a step down in earnings for the third and fourth quarters due to one-time costs and start-up losses from new contracts, but expects a rebound in fiscal 2022 [40][60] - The company expects total revenue for fiscal 2021 to be in the range of $4 billion to $4.2 billion, with diluted earnings per share estimated between $4.20 and $4.40 [36][37] Other Important Information - Cash from operations was strong at $181.6 million, with free cash flow of $167.1 million for the quarter [24] - The company has a total contract value pipeline of $35.6 billion, with 67.4% representing new work [65] Q&A Session Summary Question: Sustainability of margins in Outside the U.S. segment - Management indicated that Australia has shown strong demand and job retention, but there are uncertainties due to the pandemic [70][74] Question: Pipeline expansion from acquisitions - Management noted that VES is not yet included in the pipeline as the transaction has not closed, but synergy opportunities are expected post-acquisition [78][80] Question: Impact of Medicaid redeterminations - Management explained that the public health emergency is expected to extend, delaying the resumption of redeterminations, but a backlog is anticipated once operations normalize [88][90] Question: New geographies and market opportunities - Management discussed recent expansions into Sweden, South Korea, and Italy, emphasizing careful evaluation before entering new markets [94][98] Question: Expected ramp-up of UK Restart program - Management expects the UK Restart program to reach full run rate in the second half of fiscal year 2022 [104][106]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2021 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-12997 Maximus, Inc. (Exact name of registrant as specified in its charter) Virginia 54-1000588 (State or other jurisdiction of in ...

Financial Performance - Q1 FY21 - Total revenue increased by 15.6% to $945.6 million, compared to $818.2 million in Q1 FY20 [9] - Net income increased by 9.1% to $64.1 million, compared to $58.7 million in Q1 FY20 [9] - Diluted EPS increased by 13.2% to $1.03, compared to $0.91 in Q1 FY20 [9] - Operating income increased by 10.7% to $87.6 million, compared to $79.1 million in Q1 FY20 [9] Segment Performance - U.S Services revenue increased by 23.3% to $384.9 million in Q1 FY21 [9, 13] - U.S Federal Services revenue increased by 10.6% to $405.2 million in Q1 FY21 [9, 16] - Outside the U.S revenue increased by 11.5% to $155.4 million in Q1 FY21 [9, 21] COVID-19 Impact - Estimated COVID-response revenue was $160 million for the company in Q1 FY21 [10] - U.S Services segment experienced an estimated $114 million of COVID-response work [12] - U.S Federal Services segment experienced an estimated $46 million of COVID-response revenue [17] FY21 Outlook - The company raised its FY21 revenue guidance to $3.400 billion - $3.525 billion, from the previous $3.20 billion - $3.40 billion [32] - The company raised its FY21 diluted EPS guidance to $3.55 - $3.75, from the previous $3.45 - $3.70 [32]