Latest news with #Maximus
Yahoo
11 hours ago
- Business
- Yahoo
Government & Technical Consulting Stocks Q1 Earnings: Maximus (NYSE:MMS) Best of the Bunch
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Maximus (NYSE:MMS) and the rest of the government & technical consulting stocks fared in Q1. The sector has historically benefitted from steady government spending on defense, infrastructure, and regulatory compliance, providing firms long-term contract stability. However, the Trump administration is showing more willingness than previous administrations to upend government spending and bloat. Whether or not defense budgets get cut, the rising demand for cybersecurity, AI-driven defense solutions, and sustainability consulting should benefit the sector for years, as agencies and enterprises seek expertise in navigating complex technology and regulations. Additionally, industrial automation and digital engineering are driving efficiency gains in infrastructure and technical consulting projects, which could help profit margins. The 8 government & technical consulting stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 0.6%. In light of this news, share prices of the companies have held steady as they are up 1.6% on average since the latest earnings results. With nearly 50 years of experience translating public policy into operational programs that serve millions of citizens, Maximus (NYSE:MMS) provides operational services, clinical assessments, and technology solutions to government agencies in the U.S. and internationally. Maximus reported revenues of $1.36 billion, flat year on year. This print exceeded analysts' expectations by 5.2%. Overall, it was an exceptional quarter for the company with a solid beat of analysts' EPS estimates and an impressive beat of analysts' full-year EPS guidance estimates. 'We are proud of our teams across the business who are focused on mission-critical service delivery of important government programs,' said Bruce Caswell, President and Chief Executive Officer. Maximus achieved the biggest analyst estimates beat of the whole group. The stock is up 2.9% since reporting and currently trades at $69.18. Is now the time to buy Maximus? Access our full analysis of the earnings results here, it's free. Operating at the intersection of policy, technology, and implementation for over five decades, ICF International (NASDAQ:ICFI) provides professional consulting services and technology solutions to government agencies and commercial clients across energy, health, environment, and security sectors. ICF International reported revenues of $487.6 million, down 1.4% year on year, in line with analysts' expectations. The business had a very strong quarter with a solid beat of analysts' EPS estimates. The market seems unhappy with the results as the stock is down 1.1% since reporting. It currently trades at $84.32. Is now the time to buy ICF International? Access our full analysis of the earnings results here, it's free. With roots dating back to 1914 and deep ties to nearly all U.S. cabinet-level departments, Booz Allen Hamilton (NYSE:BAH) provides management consulting, technology services, and cybersecurity solutions primarily to U.S. government agencies and military branches. Booz Allen Hamilton reported revenues of $2.97 billion, up 7.3% year on year, falling short of analysts' expectations by 1.8%. It was a disappointing quarter as it posted full-year revenue guidance missing analysts' expectations. Booz Allen Hamilton delivered the weakest full-year guidance update in the group. As expected, the stock is down 21% since the results and currently trades at $102. Read our full analysis of Booz Allen Hamilton's results here. Founded in 1894 as a response to the growing dangers of electricity in American homes and businesses, UL Solutions (NYSE:ULS) provides testing, inspection, and certification services that help companies ensure their products meet safety, security, and sustainability standards. UL Solutions reported revenues of $705 million, up 5.2% year on year. This number met analysts' expectations. Overall, it was a strong quarter as it also recorded a solid beat of analysts' EPS estimates. The stock is up 18.4% since reporting and currently trades at $70.87. Read our full, actionable report on UL Solutions here, it's free. With a workforce of approximately 45,000 professionals tackling complex challenges from water scarcity to cybersecurity, Jacobs Solutions (NYSE:J) provides engineering, consulting, and technical services focused on infrastructure, sustainability, and advanced technology solutions. Jacobs Solutions reported revenues of $2.91 billion, up 2.2% year on year. This print lagged analysts' expectations by 3.5%. All in all, it was a slower quarter for the company. Jacobs Solutions had the weakest performance against analyst estimates among its peers. The stock is flat since reporting and currently trades at $126.71. Read our full, actionable report on Jacobs Solutions here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Automotive
- Yahoo
The $45,000 EV That Could Change Everything: Latest Rivian R2 Details Unveiled
The $45,000 EV That Could Change Everything: Latest Rivian R2 Details Unveiled originally appeared on Autoblog. Rivian announced its new R2 midsize SUV in March 2024, and now, the electric automaker has updated the public on the model's progress leading up to its planned launch during the first half of 2026. The car manufacturer's newest information on the R2 includes insider looks at the SUV's design studio, powertrain test lab, and electrical lab. According to Rivian, its in-house design studio spent hundreds of hours creating sketches to form the R2. Rivian described the design studio as a space where creativity meets feasibility, and one of its primary challenges with the R2 was acknowledging and working with its cost constraints without compromising appeal. The automaker's design studio works on and approves solitary segments ahead of time so that there are 'no surprises at the end,' with smaller elements like a glovebox receiving high amounts of individual attention. The powertrain test lab's highlights featured a closer look at Maximus, Rivian's in-house next-generation drive unit, primarily serving in its upcoming R2 and R3. Improvements from the last drive unit, Enduro, include Maximus's smaller size, lighter weight, lower cost, and simpler manufacturing, achieved by reducing its fasteners by 30%. Maximus's inverter, converting direct current (DC) energy to alternating current (AC) energy, is now side-mounted, providing additional clearance for the lower R2. Rivian noted that the R2's drive unit uses a continuous winding e-machine, generating higher performance and further simplifying manufacturing by reducing the number of welds. According to its manufacturer, Maximus is 40% more power-dense than its predecessor, much cheaper, and easier to build—all of which facilitate scaling, something Rivian struggled with while producing its R1T and R1S models. Rivian said the Enduro was its first drive unit to transition directly to hard tooling, meaning it went straight from digital designs and engineering to building production-ready manufacturing tools used for high-volume creation. Maximus is undergoing month-long testing in extreme high and low temperatures, along with simulated rainfall conditions. Rivian's electrical lab works on the R2's stack, or integrated hardware and software acting as the vehicle's brain. The automaker has spent the last few years vertically integrating its tech and zonal architecture as well as organizing electronics by location, which helps it design a stack entirely in-house. Rivian uses a midsize platform lab car for active R2 development and testing, where it can evaluate harnessing, endpoint devices, and everything on the low-voltage side that code from the SUV's brain touches. A Rivian mule bridges the midsize platform lab car stage and design validation builds just before mass production. One of Rivian's mules, 3.2, shows seats, screens, motors, and more that will be represented on the design validation build while still allowing design accessibility. Last month, reports emerged that Rivian remains on track to sell the R2 for $45,000, with a newly completed extension at the automaker's Normal, Illinois, plant housing R2 production. LG Energy Solution's batteries for the R2 will initially come from South Korea before being sourced from LG Energy Solution's new Arizona factory. The $45,000 EV That Could Change Everything: Latest Rivian R2 Details Unveiled first appeared on Autoblog on Jun 17, 2025 This story was originally reported by Autoblog on Jun 17, 2025, where it first appeared.

Miami Herald
3 days ago
- Automotive
- Miami Herald
The $45,000 EV That Could Change Everything: Latest Rivian R2 Details Unveiled
Rivian announced its new R2 midsize SUV in March 2024, and now, the electric automaker has updated an eager public on the model's progress leading up to its planned launch during the first half of 2026. The car manufacturer's newest information on the R2 includes insider looks at the SUV's design studio, powertrain test lab, and electrical lab. According to Rivian, its in-house design studio spent hundreds of hours creating sketches to form the R2. Rivian described the design studio as a space where creativity meets feasibility, and one of its primary challenges with the R2 was acknowledging and working with its cost constraints without compromising appeal. The automaker's design studio works on and approves solitary segments ahead of time so that there are "no surprises at the end," with smaller elements like a glovebox receiving high amounts of individual attention. The powertrain test lab's highlights featured a closer look at Maximus, Rivian's in-house next-generation drive unit primarily serving in its upcoming R2 and R3. Improvements from the last drive unit, Enduro, include Maximus' smaller size, lighter weight, lower cost, and simpler manufacturing from reducing its fasteners by 30%. Maximus' inverter converting direct current (DC) energy to alternating current (AC) energy is now side-mounted, providing additional clearance for the lower R2. Rivian noted that the R2's drive unit uses a continuous winding e-machine, generating higher performance and further simplifying manufacturing by reducing the number of welds. According to its manufacturer, Enduro is 40% more power-dense than its predecessor, much cheaper, and easier to build-all of which facilitate scaling, something Rivian struggled with while producing its R1T and R1S models. Rivian said Enduro was its first drive unit to go immediately to hard tooling, meaning it went straight from digital designs and engineering to building production-ready manufacturing tools used for high-volume creation. Maximus is undergoing month-long testing in extreme high and low temperatures along with simulated rainfall conditions. Rivian's electrical lab works on the R2's stack, or integrated hardware and software acting as the vehicle's brain. The automaker has spent the last few years vertically integrating its tech, and zonal architecture organizing electronics by location helps it design a stack entirely in-house. Rivian uses a midsize platform lab car for active R2 development and testing, where it can evaluate harnessing, endpoint devices, and everything on the low-voltage side that code from the SUV's brain touches. A Rivian mule bridges the midsize platform lab car stage and design validation builds just before mass production. One of Rivian's mules, 3.2, shows seats, screens, motors, and more that will be represented on the design validation build while still allowing design accessibility. Last month, reports emerged that Rivian remains on track to sell the R2 for $45,000. A newly completed extension will house R2 production at the automaker's Normal, Illinois plant. LG Energy Solution's batteries for the R2 will initially come from South Korea before being sourced from LG Energy Solution's new Arizona factory. Copyright 2025 The Arena Group, Inc. All Rights Reserved.


Auto Blog
3 days ago
- Automotive
- Auto Blog
The $45,000 EV That Could Change Everything: Latest Rivian R2 Details Unveiled
Learn more about how Rivian is innovating its R2 mid-size SUV scheduled for release during the first half of 2026. Curious to hear the latest on Rivian's R2? Rivian announced its new R2 midsize SUV in March 2024, and now, the electric automaker has updated an eager public on the model's progress leading up to its planned launch during the first half of 2026. The car manufacturer's newest information on the R2 includes insider looks at the SUV's design studio, powertrain test lab, and electrical lab. Previous Pause Next Unmute 0:00 / 0:09 Audi A5 replaces A4: So, what's changed? Watch More Inside Rivian's design studio According to Rivian, its in-house design studio spent hundreds of hours creating sketches to form the R2. Rivian described the design studio as a space where creativity meets feasibility, and one of its primary challenges with the R2 was acknowledging and working with its cost constraints without compromising appeal. The automaker's design studio works on and approves solitary segments ahead of time so that there are 'no surprises at the end,' with smaller elements like a glovebox receiving high amounts of individual attention. All about the R2's drive unit, Maximus The powertrain test lab's highlights featured a closer look at Maximus, Rivian's in-house next-generation drive unit primarily serving in its upcoming R2 and R3. Improvements from the last drive unit, Enduro, include Maximus' smaller size, lighter weight, lower cost, and simpler manufacturing from reducing its fasteners by 30%. Maximus' inverter converting direct current (DC) energy to alternating current (AC) energy is now side-mounted, providing additional clearance for the lower R2. Rivian noted that the R2's drive unit uses a continuous winding e-machine, generating higher performance and further simplifying manufacturing by reducing the number of welds. According to its manufacturer, Enduro is 40% more power-dense than its predecessor, much cheaper, and easier to build—all of which facilitate scaling, something Rivian struggled with while producing its R1T and R1S models. Rivian said Enduro was its first drive unit to go immediately to hard tooling, meaning it went straight from digital designs and engineering to building production-ready manufacturing tools used for high-volume creation. Maximus is undergoing month-long testing in extreme high and low temperatures along with simulated rainfall conditions. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. How Rivian's electrical lab helps form an R2 Rivian's electrical lab works on the R2's stack, or integrated hardware and software acting as the vehicle's brain. The automaker has spent the last few years vertically integrating its tech, and zonal architecture organizing electronics by location helps it design a stack entirely in-house. Rivian uses a midsize platform lab car for active R2 development and testing, where it can evaluate harnessing, endpoint devices, and everything on the low-voltage side that code from the SUV's brain touches. A Rivian mule bridges the midsize platform lab car stage and design validation builds just before mass production. One of Rivian's mules, 3.2, shows seats, screens, motors, and more that will be represented on the design validation build while still allowing design accessibility. Source: Rivian Final thoughts Last month, reports emerged that Rivian remains on track to sell the R2 for $45,000. A newly completed extension will house R2 production at the automaker's Normal, Illinois plant. LG Energy Solution's batteries for the R2 will initially come from South Korea before being sourced from LG Energy Solution's new Arizona factory. About the Author Cody Carlson View Profile


Fashion Value Chain
4 days ago
- Entertainment
- Fashion Value Chain
Kareena Joins Organic Tattva to Champion Food Purity
Marking World Food Safety Day with impact, Organic Tattva, India's trusted name in organic foods, unveiled Kareena Kapoor Khan as the brand ambassador for its pulses and rice category. The celebrated actor, mother, and wellness advocate will now represent the brand's mission to promote mindful and pure eating habits across Indian households. Kareena, known for seamlessly blending modern motherhood with conscious living, shares a deep emotional connection with staple Indian foods like dal-chawal and biryani — dishes she calls 'a part of who I am.' Speaking about the partnership, she said, 'If my love for these dishes is so pure, they deserve the purest ingredients too. As a mother, I choose what's safe, nourishing, and trustworthy — that's why I've embraced Organic Tattva.' The brand's Co-Founder, Kriti Mehrotra, emphasized that staples form the backbone of Indian meals, and ensuring their purity is a commitment, not just a selling point. 'Having Kareena as our ambassador isn't just about celebrity influence — it's a convergence of shared values and a call for purity in daily consumption.' The collaboration was facilitated by Maximus Collabs, who saw this as more than a campaign. 'This is a purpose-led alignment,' said Manisha Singh, Founder of Maximus. 'It merges Kareena's trusted motherhood image with Organic Tattva's credibility, encouraging consumers to make more mindful food decisions.' As food safety takes center stage globally, this partnership aims to guide families toward healthier, cleaner meals by switching to organically grown, responsibly sourced staples. Choose purity. Choose Organic Tattva.