Parsons Corporation (PSN) Tops Q4 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Parsons Reports Fourth Quarter and Full Year 2021 Results
February 23, 2022 6:30 AM ESTQ4 2021 Financial Highlights
Revenue of $951 million in the quarter and $1.9 billion in the second half of 2021, representing total and organic growth of 9% and 7% over the first half of 2021, respectivelyNet income of $29 millionAdjusted EBITDA of $91 million and margin of 9.6%Cash flow from operations of $90 million for the fourth quarterBook-to-bill ratio of 0.9x in Q4 2021 and 1.25x for fiscal year 2021Total backlog of $8.3 billion, a 3% year-over-year increaseStrategic Highlights
All metrics at or above full-year 2021 guidance mid-point rangesWon three... More