SEC Form 10-Q filed by Parsons Corporation

CHANTILLY, Va., May 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will showcase its latest innovations supporting the operational imperatives of United States Special Operations Forces at SOF Week, May 5-8, in Tampa, Florida. The company will present a dynamic range of solutions designed to transform irregular warfare and enhance autonomous search and rescue operations. Highlights include the powerful, next-generation mobile identity and biometrics platform, AresNXT, along with key technologies such as the Javelin line of mobile biometric collection kits and DroneArmor™ counter-unmanned aircraft system. Additionally, Parsons will demonstrate the versatile and miniaturized Pe

Q1 2025 Financial Highlights Record Q1 revenue of $1.6 billion increases 1% year-over-year; decreases 2% on an organic basis11% revenue growth excluding confidential contract; increases 7% on an organic basisRecord Q1 net income of $66 million increases $26 million year-over-yearRecord Q1 earnings per share increases 61% to $0.60Record Q1 adjusted EBITDA increases by 5% to $149 million; record adjusted EBITDA margin of 9.6% increases 40 basis pointsStrong book-to-bill ratio of 1.1x supported by a 1.4x ratio in the company's Critical Infrastructure segmentTotal backlog increases to $9.1 billion, a company recordReiterating fiscal year 2025 guidance ranges for all financial metrics CHANTILLY

CHANTILLY, Va., April 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been awarded a contract for Project Management Office (PMO) services by the King Salman Park Foundation for King Salman Park. This 25-month contract marks new work for Parsons. King Salman Park is one of the world's most unique urban transformation projects, featuring 11.6 sq km of green space and over 10 sq km of built-up area. The Park includes cultural landmarks such as the Royal Arts Complex and a vibrant 7.2 km pedestrian walkway known as The Loop, among many other assets. All these elements are designed to support Saudi Vision 2030's "Quality of Life" Program. Parsons' respo

Q1 2025 Financial Highlights Record Q1 revenue of $1.6 billion increases 1% year-over-year; decreases 2% on an organic basis11% revenue growth excluding confidential contract; increases 7% on an organic basisRecord Q1 net income of $66 million increases $26 million year-over-yearRecord Q1 earnings per share increases 61% to $0.60Record Q1 adjusted EBITDA increases by 5% to $149 million; record adjusted EBITDA margin of 9.6% increases 40 basis pointsStrong book-to-bill ratio of 1.1x supported by a 1.4x ratio in the company's Critical Infrastructure segmentTotal backlog increases to $9.1 billion, a company recordReiterating fiscal year 2025 guidance ranges for all financial metrics CHANTILLY

CHANTILLY, Va., April 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) will release first quarter 2025 financial results before the markets open on Wednesday, April 30, 2025. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives. Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (https://investors.parsons.com). Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here. A replay will be available on the company's website approximately two hours after

Fourth Quarter Financial Highlights Record revenue of $1.7 billion increases 16% year-over-yearOrganic revenue growth of 14%; eighth consecutive quarter of double-digit organic growthRecord net income of $54 million increases 21%Record adjusted EBITDA of $147 million increases 14%Cash flow from operations of $127 millionRecord contract awards increase 34% year-over-year to $1.7 billion Record Fiscal Year 2024 Highlights Record revenue of $6.8 billion, representing total growth of 24% year-over-year and organic growth of 22%Record net income of $235 million increases 46%Record adjusted EBITDA of $605 million increases 30%Record cash flow from operations increases 28% to $524 millionRecord

4 - PARSONS CORP (0000275880) (Issuer)

CHANTILLY, Va., April 23, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has been awarded a contract for Project Management Office (PMO) services by the King Salman Park Foundation for King Salman Park. This 25-month contract marks new work for Parsons. King Salman Park is one of the world's most unique urban transformation projects, featuring 11.6 sq km of green space and over 10 sq km of built-up area. The Park includes cultural landmarks such as the Royal Arts Complex and a vibrant 7.2 km pedestrian walkway known as The Loop, among many other assets. All these elements are designed to support Saudi Vision 2030's "Quality of Life" Program. Parsons' respo

CHANTILLY, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) was named the 8th Most Trusted Company in America 2025 according to Forbes' listing of the Most Trusted Companies in America. Created in partnership with research companies HundredX, Signal AI and Glassdoor, Forbes' list combines data on a wide range of factors across four categories: employee trust, customer trust, investor trust, and media sentiment. More than 2,000 public companies based in the United States were eligible. Parsons is the only member of its peer group in the top 10. "Every day, our more than 19,000 global employees extend the company's outstanding 80-year history of excellence, innovation,

CHANTILLY, Va., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company has been awarded a $53 million, three-year contract by the Royal Commission for Riyadh City (RCRC) in Saudi Arabia for program management office (PMO) services on its Main and Ring Roads Program. "We are proud to call the RCRC a long-standing client of ours and are honored to be working on the Main and Ring Roads Program alongside them," said Martin Boson, Senior Vice President and General Manager of Parsons' Saudi Arabian operations. "With Riyadh being the most populated city in Saudi Arabia, the Program plays a fundamental role in facilitating the smooth mobility of people a

10-Q - PARSONS CORP (0000275880) (Filer)

8-K - PARSONS CORP (0000275880) (Filer)

8-K - PARSONS CORP (0000275880) (Filer)

4 - PARSONS CORP (0000275880) (Issuer)

4 - PARSONS CORP (0000275880) (Issuer)

4 - PARSONS CORP (0000275880) (Issuer)