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Earnings Analysis: 
Maximus Posts a 73% Profit Decline
Author: 123jump.com Staff
123jump.com
Last Update: 3:11 PM EST November 15 2006



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Maximus fourth-quarter net income decreased, hurt by a loss from a Texas project and two software license revenue deferrals. Whittier Energy third-quarter profit slid 27% as higher costs overtook an increase in sales of oil and gas. Tyco International posted a 38% growth in its quarterly net income but the company found errors in its stock-option granting practices that will cost $171 million in after-tax expenses.

 

 

 

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