Maximus Q3 FY2025 Earnings Call
With Bruce Caswell (President and CEO), David Mutryn (CFO) and Jessica Batt (VP of IR).
We’re moving people forward by providing transformative technology services, digitally enabled customer experiences, and clinical health services that change lives. Our employees share an authentic desire to make vital services available to the public and support the missions of our customers.
1Prepared remarks3 speakers
Good morning and thanks for joining us. With me today is Bruce Caswell, President and CEO, David Mutryn, CFO, and James Francis, Vice President of Investor Relations. I'd like to remind everyone that a number of statements being made today will be forward-looking in nature. Please remember that such statements are only predictions. Actual events and results may differ materially as a result of risks we face, including those discussed in Item 1A of our most recent Forms 10-Q and 10-K. We encourage you to review the…
Thanks, Jessica, and good morning. I'm excited to share another record-breaking quarter for Maximus earnings. For the third quarter, fiscal year 2025, adjusted diluted earnings per share reached $2.16, a 24% increase year-over year. We realized 15% growth in adjusted EBITDA. Finally, Q3 revenue of $1.35 billion is growth of 4.3% on an organic basis, year-over-year. Congratulations to the tens of thousands of Maximus team members responsible for these accomplishments.
In what has been for many in the government, IT…
Thanks, Bruce, and good morning. We had outstanding third-quarter results, particularly on the earnings side, driven by solid execution on programs where our government customers increasingly rely on us for efficient handling of greater work output. These results reflect high demand in what are predominantly performance-based arrangements across our contracts. We are raising guidance again this year to not only account for the performance this quarter, but to also capture improved clarity for the upcoming fourth…