MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Maximus Inc. (MMS) on Thursday reported fiscal second-quarter net income of $98.1 million.
The McLean, Virginia-based company said it had profit of $1.80 per share. Earnings, adjusted for amortization costs, came to $2.07 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.
The government health services provider posted revenue of $1.31 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.32 billion.
Maximus expects full-year earnings in the range of $8.25 to $8.55 per share, with revenue in the range of $5.2 billion to $5.35 billion.
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