MAXIMUS(US:MMS)2021-02-05 17:14Financial 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]