Parsons Corporation (PSN) Tops Q1 EPS by 19c, Revenues Miss; Offers FY21 EPS Outlook

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Parsons Reports First Quarter 2021 Results

May 5, 2021 6:30 AM EDT

CENTREVILLE, Va., May 5, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) today announced financial results for the first quarter ended March 31, 2021.

CEO Commentary

"We delivered strong bookings and significant margin expansion with results in line with our internal expectations and historical seasonal patterns. We continue to win large new contracts and I credit that to our focus on technology solutions and our exceptional team," said Chuck Harrington, chairman and chief executive officer of Parsons Corporation.

"We are off to a strong start to the second quarter with... More