Maximus, Inc. (MMS) benefits from its strong relationship with governments, allowing the company to generate recurring revenues from long-term contracts. MMS’ strong cash flow and ability to borrow a hefty credit to meet working capital requirements provide a competitive edge. However, it is witnessing declining net income due to rising operating expenses and non-recurring costs.MMS reported impressive third-quarter fiscal 2024 results. Quarterly adjusted earnings of $1.7 per share beat the Zacks Consensus ...