Maximus Inc reported a solid start to fiscal 2025, delivering revenue of $1.4027 billion for QQ1 2025, up 5.7% year over year and 6.3% on an organic basis. The growth was led by the US Federal Services segment (+15.3% organic), with the Outside the US (OUS) segment divestiture completed in the quarter and expected to lift profitability in that segment going forward. Net income of $41.2 million and adjusted EPS of $1.61 for the quarter compare favorably to the prior-year period, but the quarter included divestiture-related charges totaling about $38 million (with a $0.64 impact per share on GAAP results) and a higher effective tax rate driven by the divestiture. Management underscored the durability of Maximus’ core government work, highlighted the importance of ongoing technology modernization (including DOGE/USDS initiatives) and AI/data capabilities, and signaled a disciplined approach to forecasting in a dynamic policy environment. The company raised full-year guidance modestly, reflecting stronger-than-expected Q1 performance, a slightly accretive divestiture, and higher share repurchase activity, while maintaining a cautious view on pipeline conversions for the balance of the year.