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Maximus - MMS STOCK NEWS

Welcome to our dedicated page for Maximus news (Ticker: MMS), a resource for investors and traders seeking the latest updates and insights on Maximus stock.

Overview

Maximus (MMS) is a specialized service provider that partners with government agencies to deliver high-quality technology, business process, and consulting solutions. With a mission focused on "helping government serve the people," Maximus has built an enduring reputation through decades of experience, aiding public sector programs in enhancing their operational efficiency and service delivery. Employing industry-specific expertise in digital transformation, process optimization, and technology integration, Maximus stands as a crucial resource for governments seeking to improve key social services.

Core Business and Service Offerings

At its core, Maximus assists government entities in the design and implementation of programs that span health, welfare-to-work, child support, and other public services. The company integrates advanced technology platforms with expert consulting practices to streamline business processes. This dual approach not only ensures compliance with regulatory and operational standards but also actively drives improvements in public service outcomes.

Business Model and Operational Framework

Maximus operates under a service-oriented business model, focusing on the delivery of customized technology solutions and consulting services that cater specifically to the needs of the public sector. The firm works closely with government bodies through long-term engagements, where process re-engineering, software implementation, and program management are tailored to meet unique agency requirements. This model emphasizes collaborative problem solving and ongoing enhancements to program efficiency.

Technological Innovation and Process Optimization

The company has demonstrated sustained expertise in applying technology to solve intricate operational challenges. With a robust portfolio that spans digital system integrations, cloud-based solutions, and data analytics, Maximus brings a modern, technology-forward approach to the public sector. By focusing on scalable and secure technology implementations, the company helps government programs reduce administrative burdens, improve case management, and optimize workflow processes.

Global Reach and Market Position

Maximus's operational footprint extends to multiple continents, servicing government initiatives across North America, Australia, the United Kingdom, and Saudi Arabia. This broad geographic presence not only diversifies its service portfolio but also provides a varied perspective on public sector challenges and opportunities. In a competitive landscape that demands both technological agility and deep regulatory understanding, Maximus distinguishes itself by offering a blend of local expertise and global best practices.

Expertise and Industry-specific Insight

With decades of experience in the field, Maximus has honed its ability to navigate the complex intersection of business process optimization and governmental requirements. Its teams of professionals bring specialized skills in project management, IT systems, and strategic consulting, enabling the company to deliver tailored solutions that address the inherent challenges of public sector administration. This combination of practical expertise and industry-specific insight reinforces Maximus’s position as a trusted partner for governmental agencies worldwide.

Client Impact and Value Proposition

The practical impact of Maximus’s work is seen in the enhanced efficiency and improved service delivery outcomes for various government programs. Through meticulous performance management and process modernization, the company contributes to better life quality for program participants. Its comprehensive approach ensures that every facet of a government program, from policy implementation to technical support, is aligned with the ultimate goal of serving public needs more effectively.

Competitive Landscape and Differentiation

Operating in a competitive market that includes other governmental consulting and technology solution providers, Maximus differentiates itself with a deep-rooted commitment to service quality and process improvement. Unlike generic IT or consulting firms, Maximus’s focused expertise on government programs allows it to address regulatory specifics and operational complexities that are unique to the public sector. This specialization is demonstrated in its ongoing initiatives to integrate technology with traditional process management practices, making it a vital resource in an ever-evolving regulatory landscape.

Summary

In summary, Maximus (MMS) represents a blend of technological innovation and strategic consulting tailored specifically for the government sector. Its comprehensive service model, global operational reach, and commitment to improving public sector program execution make it an indispensable partner for agencies aiming to deliver higher quality, more efficient services to their constituents. With a steadfast mission and an extensive portfolio of solutions, Maximus continues to drive improvements in how government programs serve the public, reflecting both its enduring legacy and its expertise in modernizing essential services.

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Maximus (NYSE: MMS) reports strong fiscal year 2023 results with 5.9% revenue increase to $4.90 billion and a record contract backlog of $20.7 billion. The company provides fiscal year 2024 guidance, expecting revenue between $5.05 billion and $5.2 billion with an adjusted operating margin of 9.8%. Maximus remains confident in its outlook despite potential U.S. federal government shut-down during fiscal 2024.
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Maximus Achieves Top Veteran Employer Recognition from U.S. Veterans Magazine and Military.com
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Maximus reports significant progress in their diversity, equity, and inclusion (DE&I) efforts, with the expansion of Employee Resource Groups, recognition by Forbes as one of America's Best Employers for Diversity, and a commitment to ongoing improvement.
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Maximus (NYSE: MMS) has completed the divestiture of employment services operations in Italy, Singapore, and Canada. Angus Knight, a global provider of employment, community, and education services, has acquired the operations. Over 250 employees will join Angus Knight to ensure a seamless transition of operations for government customers. The divestiture is part of Maximus' strategy to optimize its international portfolio.
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Maximus employees participate in the Jamaica Medical Mission, providing medical treatment and supplies to people in need in Jamaica. The mission aims to address the lack of healthcare access and resources in the country, where approximately 80% of the population is without health insurance. The team brings medication and supplies for various conditions and travels to different parishes to provide care. Despite challenges such as limited access to water and hot climate, the team perseveres in their mission.
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Maximus' Corporate IT office in Eagan, Minnesota, partnered with the Open Door Pantry for a charitable event. They participated in the Mobile Lunch Box program, delivering nearly 25,000 meals and 11,000 snack packs to low-income neighborhoods across 5 Dakota County School Districts. Maximus employees packed over 400 snack packs, totaling nearly 500 pounds of food.
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Maximus, a strategic partner to government agencies, supports the Prosperity Project to cut childhood poverty in half. They have over 4,400 employees in Florida and provide services such as contact center operations and data analytics. Maximus is ranked #13 on Forbes Best Employers for Diversity list and is involved in the Chamber's Prosperity Project.
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Maximus highlights the importance of employee engagement on social media for recruitment, retention, and authenticity. Positive employee interactions on platforms like LinkedIn and Facebook can attract job seekers and enhance the company's reputation. The employee advocacy program empowers employees to share their experiences and create a genuine portrayal of the company's culture. Employee engagement on social media fosters camaraderie, increases retention rates, and reduces turnover costs. Social media is also a tool for learning and development and maintaining employee relationships.
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Child Health Day emphasizes the importance of children's healthcare and advocates for access to quality healthcare and supportive educational opportunities. Maximus Foundation highlights grantee partners working to keep children healthy. Learn more at maximus.com/grant-recipients.
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Maximus to release financial results for Q3 and FY 2023 on November 15th
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FAQ

What is the current stock price of Maximus (MMS)?

The current stock price of Maximus (MMS) is $68.17 as of April 22, 2025.

What is the market cap of Maximus (MMS)?

The market cap of Maximus (MMS) is approximately 3.9B.

What services does Maximus provide?

Maximus offers a wide range of services including technology integration, business process optimization, and specialized consulting tailored to government programs. Their solutions are designed to enhance the efficiency and effectiveness of public sector operations.

How does Maximus support government agencies?

Maximus partners with government agencies to modernize program operations, implement advanced technology systems, and optimize business processes. This enables better compliance and performance in public service delivery.

What industries does Maximus operate in?

While Maximus primarily serves the public sector, its operations span various government programs such as health, welfare-to-work, and child support. The company applies its expertise across different regions worldwide.

How has Maximus established its market position?

With decades of experience and a commitment to delivering effective solutions, Maximus has built a reputation for addressing the unique challenges of public sector programs. Its approach combines deep industry insight with modern technological practices.

What makes Maximus different from other consulting firms?

Unlike generalist consulting firms, Maximus specializes in the public sector, providing solutions that are finely tuned to government requirements and regulatory complexities. Their focused expertise allows for strategic, customized project executions.

In which regions does Maximus operate?

Maximus delivers its services across several key regions including North America, Australia, the United Kingdom, and Saudi Arabia, ensuring broad geographic coverage and localized expertise in public sector operations.

How does Maximus ensure its solutions are effective?

The company combines technology innovation with strategic process management to deliver solutions that are both scalable and secure. Regular performance evaluations and tailored consulting approaches ensure that every engagement meets high standards.

What types of technology solutions does Maximus implement?

Maximus employs a variety of digital solutions, from cloud-based platforms to data analytics systems, to support and modernize government operations. These technologies are integrated with established process improvement methodologies.
Maximus

NYSE:MMS

MMS Rankings

MMS Stock Data

3.85B
55.90M
1.07%
103.87%
3.17%
Specialty Business Services
Services-business Services, Nec
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United States
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