Maximus (NYSE:MMS) raised its fiscal 2026 earnings outlook for the second consecutive quarter after reporting second-quarter results that management said reflected stronger profitability, operating efficiencies from automation and artificial intelligence, and increased capital deployment toward share repurchases.
The government services company reported second-quarter revenue of $1.31 billion, which Chief Financial Officer David Mutryn said was consistent with expectations and on track with the company’s full-year revenue guidance. Adjusted EBITDA margin was 14.4%, compared with 13.7% in the prior-year period, while adjusted earnings per share rose to $2.07 from $2.01.
