parsons corporation revenue

It is focused on the … North America accounts for more than 80% of revenues. The shares of the two new corporations were required to be traded together. PR Newswire (US) CENTREVILLE, Va., April 20, 2021 /PRNewswire/ -- The board of directors of Parsons Corporation (NYSE: PSN) has elected Carey Smith as chief executive officer, effective July 1st, 2021 . Parsons's quarterly revenue was down 9.9% compared to the same quarter last year. Corporate Overview. Find the latest Revenue (Quarterly) Yoy Growth for Parsons Corporation (PSN) Parsons (PSN) delivered earnings and revenue surprises of 2.08% and -1.22%, respectively, for … The company was founded in 1944. Competitors of Parsons include Amentum Services, PAE and SAIC. Where is Parsons headquarters? Stock analysis for Parsons Corp (PSN:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. CENTREVILLE, Va., June 16, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) delivered the secondary payload on the recent SBIRS … We are a leading provider of technology-driven solutions in the defense, intelligence and critical infrastructure markets. What is Parsons’s official website? Parsons is a digitally enabled solutions provider and a global leader in many diversified markets with a focus on security, defense, and infrastructure. Parsons Corporation (NYSE: PSN) Q1 2021 Earnings Conference Call May 5, 2021 8:00 AM ET. Parsons had a trailing twelve-month return on equity of 9.78% and a net margin of 2.47%. Parsons Annual Revenue (Millions of US $) 2020: $3,919: 2019: $3,955: 2018: $3,561: 2017: $3,017: 2016: $3,039 Total Revenue. 3,560,508. Parsons’s phone number is (703) 988-8500. Parsons Corporation employs 15,500 staff and has a trailing 12-month revenue of around 0.00. Over the last four quarters, Parsons's revenue has decreased by 10.7%. The company expects the transaction to be accretive to Parsons’ fiscal year 2021 and 2022 revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. Do the numbers hold clues to what lies ahead for the stock? Parsons’s official website is www.parsons.com. 3,918,946. Critical Infrastructure Three Months Ended Variance (U.S. dollars in thousands) March 31, 2021 March 31, 2020 Dollar Percent Revenue $ 422,628 $ 493,422 $ (70,794 )-14.3 % Adjusted EBITDA attributable to Parsons Corporation $ 31,657 $ 27,357 $ 4,300 15.7 % The decrease in Critical Infrastructure revenue for the three months ended March 31, 2021 compared to the corresponding … EPS of $0.34 beats by $0.05 | Revenue of $874.70M (-9.92% Y/Y) misses by $27.96M. The position of CEO is one that Charles Harrington has … Parsons Corporation shares (PSN) are listed on the NYSE and all prices are listed in US Dollars. Parsons EPS beats by $0.05, misses on revenue [5/5/2021 6:32 AM] Parsons bags $618M cyber & intelligence task order [5/5/2021 6:47 AM] Parsons Awarded $114 Million Contract By Qatar Public Works Authority To Improve Infrastructure [May-04-21 04:45PM] Parsons Awarded 2021 CSO50 Award for Internal Security Practices [May-04-21 09:51AM] Parsons headquarters is located at 5875 Trinity Pkwy #300, Centreville. Reconciliation of Net Income to Adjusted EBITDA (in thousands) Three Months Ended March 31, 2020 March 31, 2019 Net income attributable to Parsons Corporation $ 12,973 $ 9,741 Interest expense, … Parsons’s stock symbol is PSN. In the years immediately following the reorganization, The Parsons Corporation continued to grow and to experience increasing revenue. FY, 2017 FY, 2018 FY, 2019 FY, 2020 $0 $1 b $2 b $3 b $4 b $5 b. Parsons revenue was $3.92 b in FY, 2020. Revenue (TTM) is a widely used stock evaluation measure. Shareholders of The Parsons Corporation received shares of RMP International, Limited, on a one-for-one basis. Where are Parsons offices? Parsons has offices in Centreville, Aberdeen Proving Ground, Aiken, … Parsons Announces CEO Transition. The company was founded in 1944. Revenue (Quarterly) Yoy Growth is a widely used stock evaluation measure. Parsons Corporation is a specialty industrial machinery business based in the US. 12/31/2017. See Parsons Corporation (PSN) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. What is Parsons’s phone number? Find the latest Revenue & EPS data for Parsons Corporation Common Stock (PSN) at Nasdaq.com. The firm had revenue of $874.70 million for the quarter, compared to analysts' expectations of $921.96 million. Revenue; Business Services: Technology Services: $4.383B: $3.919B: Parsons Corporation is a provider of technology-driven solutions. Taking into account the latest results, the most recent consensus for Parsons from nine analysts is for revenues of US$4.21b in 2021 which, if met, would be a … What is Parsons… Posted Oct 26, 2020. Industry: Information Technology Services. Slides Press Release 10-Q. What is Parsons’s stock symbol? Parsons’s revenue is $3 Billion. Specifically, in Q1 2021's revenue was $874.7M; in Q4 2020, it was $964.3M; in Q3 2020, it was $1B; in Q2 2020, Parsons's revenue was $979.5M. We provide technical design and engineering services and software to address our customers’ challenges. Slides Press Release 10-K. EPS of $0.51 misses by $0.05 | Revenue of $964.26M (-7.05% Y/Y) misses by $74.98M. 12/31/2019. Latest Parsons revenue per employee is $246.8 k. Who are Parsons competitors? April 20 2021 - 08:05AM. The company debuted on the New York Stock Exchange in May 2019. It made more than 18 million shares available and the opening price of these shares was $27. The Washington Business Journal felt that the first day of trading was a success as the price of the shares had reached $30 by the end of trading. Fact checked. We conquer the toughest logistical challenges and deliver Parsons Corp (NYSE: PSN) reported a first-quarter FY21 revenue decline of 10% year-on-year to $874.7 million, missing the analyst consensus of … Parsons Corporation Feb 2005 – Present 14 years 10 months Managed the overhead and revenue of all Water, Energy and Construction projects. The company expects the transaction to be accretive to Parsons’ fiscal year 2021 and 2022 revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. 3,918,946. Parsons developed significant expertise and differentiated capabilities in key areas of cybersecurity, missile, intelligence, defense, C5ISR, space, geospatial, and connected communities. Inside Parsons Corp's 10-K Annual Report: Financial - Shares Highlight The increase in IG&A of $3.6 million, exclusive of equity compensation cost, was primarily due to additional expenses of $23.8 million associated with business acquisitions, $3.9 million due to a tax law change and $5.0 million related to strategic growth initiatives and public company operating costs. Parsons has a market capitalization of $4.40 billion and generates $3.95 billion in revenue each year. The company earns $120.53 million in net income (profit) each year or $1.46 on an earnings per share basis. How many employees does Parsons have? CENTREVILLE, Va., May 5, 2021 /PRNewswire/ -- Parsons Corporation ... Total revenue for the first quarter of 2021 decreased by $96 million, or 10%, from the prior year period to $875 million. It offers solutions for commercial, federal, transportation, and water resources. 3,954,812. What is Parsons’s Revenue? Find the latest Revenue (TTM) for Parsons Corporation (PSN) Name: Parsons Corporation; Ticker: PSN; Exchange: NYSE; Founded: 1944; Industry: Aerospace and Defense; Sector: Capital Goods; Market Cap: US$4.063b; Shares outstanding: 102.41m; Website: https://www.parsons.com Parsons Corp. provides engineering, design, planning, and construction management services. 12/31/2018. ~$3.2 Billion of revenue annually. About Parsons Corporation We deliver innovative solutions around the globe that make the world safer, healthier, and more connected. Before markets opened, Parsons reported fourth-quarter earnings of $0.21 per share on revenue of $964.26 million, falling short of analyst expectations … For 2022, BlackHorse is expected to generate revenue of approximately $100 million. Parsons Corporation (NYSE: PSN) today announced financial results for the fourth quarter and year ended December 31, 2020.. CEO Commentary"We delivered robust cash flow and margins, along with a healthy book-to-bill ratio in the fourth quarter. CENTREVILLE, Va., Oct. 29, 2020 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) announced today that it has entered into a definitive agreement to acquire Braxton Science & … PARSONS CORPORATION. What is Parsons revenue per employee? Non-GAAP Financial Information. The Current CEO Is Charles L. Harrington. Buy Parsons (PSN) Jing Jun Ma. Parsons Corporation (Parsons) is an American technology-focused defense, intelligence, security, and infrastructure engineering firm headquartered in Centreville, Virginia. Their Annual Revenue Is Almost $4 Billion According to Crunchbase the annual revenue of Parsons Corporation is $3.6 billion. The company carries out a lot of work for the US Government and this contributes a significant amount to their annual revenue. They also carry out private projects in some of the richest nations in the world. Try D&B Hoovers Free The pandemic is slowing business for many defense services companies, and Parsons is part of that trend. Parsons, an engineering, construction, technical, and management services firm with revenues of $3.1 billion in 2014, is 100% owned by the Employee Stock Ownership Trust. 3,017,011. Parsons is a leader in many diversified markets with a focus on defense/security, industrial, and infrastructure. PSN: Parsons Corporation 2019-08-29 17:28:00 Parsons Awarded $139M U.S. Army Renovation Contract Parsons Corp. provides engineering, design, planning, and construction management services. It offers solutions for commercial, federal, transportation, and water resources. Founded in 1944, we’re a technology-enabled solutions provider driving the future of defense, intelligence, and critical infrastructure.