MAXIMUS, Inc. (MMS:NYSE)

MAXIMUS, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended September 30, 2009. For the quarter, the company reported revenue of $177,468,000, loss from continuing operations before income taxes of $15,958,000, loss from continuing operations of $9,850,000 or $0.53 per diluted share and net loss of $24,960,000 or $1.35 per diluted share against revenue of $194,038,000, income from continuing operations before income taxes of $23,596,000, income from continuing operations of $14,433,000 or $0.82 per diluted share and net income of $8,567,000 or $0.48 per diluted share for the same period last year. For the year, the company reported revenue of $693,663,000, income from continuing operations before income taxes of $49,039,000, income from continuing operations of $29,818,000 or $1.56 per diluted share and net income of $6,677,000 or $0.35 per diluted share against revenue of $717,299,000, income from continuing operations before income taxes of $89,960,000, income from continuing operations of $54,583,000 or $3.11 per diluted share and net income of $46,540,000 or $2.60 per diluted share for the same period last year. Cash provided by operating activities was $55,550,000 against $30,633,000 last year. Purchases of property and equipment were $10,380,000 against $19,694,000 last year. MAXIMUS expects fiscal 2010 revenue in the range of $790 million to $810 million. The Company is introducing fiscal 2010 earnings guidance in the range of $3.05 to $3.15 per diluted share, which compares to adjusted earnings from continuing operations for fiscal 2009 of $2.91.

MAXIMUS, Inc., Q4 2009 Earnings Call, Nov-12-2009

MAXIMUS Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share, payable on November 30, 2009 to shareholders of record on November 13, 2009.