PSN Stock Recent News

NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Parsons Corporation (“Parsons” or the “Company”) (NYSE:PSN) on behalf of Parsons stockholders. Our investigation concerns whether Parsons has violated the federal securities laws and/or engaged in other unlawful business practices.

NEW YORK, NY / ACCESS Newswire / February 21, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Parsons Corporation ("Parsons Corporation") (NYSE:PSN) concerning possible violations of federal securities laws. Parsons released its fourth quarter 2024 financial results on February 19, 2025, falling short of its prior guidance in revenue and EBITDA.

NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Parsons Corporation (“Parsons” or the “Company”) (NYSE:PSN). The investigation concerns whether Parsons and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PARSONS CORPORATION (PSN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On February.

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PARSONS CORPORATION (PSN), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email.

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PARSONS CORPORATION (PSN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 19, 2025, Parsons released its fourth quarter 2024 financ.

Parsons Corporation (NYSE:PSN ) Q4 2024 - Earnings Conference Call February 19, 2025 8:00 AM ET Company Participants Dave Spille - SVP, IR Carey Smith - Chair, President and CEO Matt Ofilos - CFO Conference Call Participants Tobey Sommer - Truist Securities Louie DiPalma - William Blair Andrew Wittmann - Baird Sheila Kahyaoglu - Jefferies Noah Poponak - Goldman Sachs Mariana Pérez Mora - Bank of America Gautam Khanna - Cowen Alex Dwyer - KeyBanc Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to Parsons Fourth Quarter and fiscal year 2024 earnings conference call.

While the top- and bottom-line numbers for Parsons (PSN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Parsons (PSN) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.69 per share a year ago.

Fourth Quarter Financial Highlights Record revenue of $1.7 billion increases 16% year-over-year Organic revenue growth of 14%; eighth consecutive quarter of double-digit organic growth Record net income of $54 million increases 21% Record adjusted EBITDA of $147 million increases 14% Cash flow from operations of $127 million Record 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 million Record contract awards of $7.0 billion increases 17% Won 15 contracts each worth $100 million or more, matching the company's record from 2023 Establishing fiscal year 2025 guidance and reiterating long-term growth targets CHANTILLY, Va., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: P