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Earnings and Revenue Rise at Parsons In Second Quarter

Dan Leone By
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Earnings and Revenue Rise at Parsons In Second Quarter

Revenue and earnings rose in the second quarter at Parsons Corp. [PSN], Centreville, Va., buoyed year-over-year by the start of some federal contract work and the 2022 acquisition of cyber firm Xator. Net earnings for the second quarter ended were roughly $43 million, or $0.38 a share, up from about $18 million or $0.17 a share in the year-ago quarter, according to the company’s earnings press release last week.  Quarterly revenue was roughly $1.4 billion, up year-over-year from about $1.0…

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