Maximus Stock Jumps 12% After Reporting Higher Earnings In Q2

(RTTNews) - Maximus, Inc. (MMS) shares surged 12.24% to $75.38 on Thursday after the company posted stronger earnings for the second quarter of fiscal 2025. Revenue rose 1.0% year-over-year to $1.36 billion, while net income increased to $96.6 million from $80.5 million in the same period last year.

The stock opened at $70.54 and has traded between $69.36 and $76.38 so far today on the New York Stock Exchange. It previously closed at $67.16. Maximus is trading on volume of 538,626 shares, slightly below its average of 595,062.

The stock now sits near the higher end of its 52-week range of $63.77 to $93.97, as investors respond positively to the improved profit figures.