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Parsons (NYSE:PSN): Q3 Non-GAAP EPS of $0.44 misses by $0.04; GAAP EPS of $0.18 misses by $0.07. Revenue of $956.05M (-4.4% Y/Y) misses by $2.95M. Press Release Book-to-bill ratio of 1.1x in Q3 2021 and 1.3x for the trailing twelve months. For further details see: Parsons EPS misses by ...
Q3 2021 Financial Highlights Revenue of $956 million, representing sequential total and organic growth of 9% and 7%, respectively Net income of $19 million and margin of 2.0% Adjusted EBITDA of $84 million and margin of 8.8% Cash flow from operations of $77 million for t...
CENTREVILLE, Va., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced the award of a potential ten-year, $1.1 billion multiple award task order contract (MATOC) by the United States Army Corps of Engineers (USACE). The new award will support USACE Huntsville in...
Union Pacific (NYSE:UNP) is now operating around the clock at its freight facility near the ports of Long Beach and Los Angeles to help ease cargo congestion, Bloomberg reports. The railroad previously had closed gates to trucks for 10 hours early Sunday mornings and for 10 hours on Sunday in...
CENTREVILLE, Va., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Salt Waste Processing Facility (SWPF) designed, built, and now operated by the company for the Department of Energy (DOE) was recognized by the Project Management Institute as one of...
CENTREVILLE, Va., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it will lead an industry team in pursuit of a potential five-year effort to partner with the U.S. Air Force to sustain the 10.1 baseline system and assist in the application transformati...
CENTREVILLE, Va., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), together with the Indiana Department of Transportation (INDOT) and Kentucky Transportation Cabinet (KYTC), today announced the completion of the environmental study for the I-69 Ohio River Crossing (I-69 OR...
CENTREVILLE, Va., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release third-quarter 2021 financial results before the markets open on Wednesday, November 3, 2021. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings re...
CENTREVILLE, Va., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) and Colas UK Projects, operating as Parsons-Colas UKP JV, was awarded a five-year, $249 million multiple-award indefinite-delivery, indefinite-quantity (IDIQ) contract by the Naval Facilities Engineering Sys...
CENTREVILLE, Va., Oct. 08, 2021 (GLOBE NEWSWIRE) -- From October 1-3, 2021, the tech-savvy, socially conscious employees of Parsons Corporation (NYSE: PSN) fired up their computers and spent 48 hours designing websites for 48 global nonprofits as part of 48in48™’s Global Virtu...
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CHANTILLY, Va., July 26, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company, in a joint venture with Vanir , was selected by the Sacramento County Department of Airports to provide construction management and inspection (CMI) services in support of the S...
CHANTILLY, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Indiana Department of Transportation (INDOT) for continued support of the I-69 Ohio River Crossing (ORX) project. The five-year, $26 million contract was expanded...
CHANTILLY, Va., July 24, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), a leader in infrastructure, defense, security, transportation, and engineering is proud to announce its readiness to meet the growing demand for infrastructure deployment for global events. With a rich decades-long...