Maximus Q2 Earnings: Tech, AI Drive Growth

Maximus exceeded expectations in Q2, with $1.31 billion in revenue and profitability achieved through AI automation. They raised full-year guidance, projecting revenue between $5.2 and $5.35 billion, EBITDA margin around 14.2%, and EPS from $8.05 to $8.55. U.S. Federal Services saw a 1.5% organic growth, while U.S. Services margins improved despite a write-off. Outside U.S. operations showed a small loss, focusing on key markets. Cash flow remained strong, and the company bought back shares and refreshed their repurchase program. CEO Bruce Caswell highlighted AIs enterprise-wide impact and a robust pipeline. Despite analyst concerns, executives remain optimistic about Q4 growth from policy tailwinds and federal recompetes. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9de9050ea1a814c8