Sign In
Search
Business/Financial

Earnings and Revenue Rise at Parsons In Second Quarter

Dan Leone By
SHARE:
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…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

York Space Systems To Acquire Terminal Developer All.Space In $355M Deal

Business/Financial

Blue Water Autonomy Announces Power, Propulsion, Manufacturing Partners

Business/Financial

L3Harris Reports Strong First Quarter Bolstered By ISR, Space And Rocket Motors

Business/Financial

HII Working Through Carrier And LHA Amphib Delays

Trending

Pentagon Selects Locations For Directed Energy Counter-Drone Pilots To Accelerate Fielding
Army Launches ‘Right To Integrate’ Effort To Improve Linking Industry’s Weapons, Sensors
T-7A Red Hawk Okayed For Production, Each Of Three LRIP Lots Must Get Clearance, USAF Says
Defense Watch: DoD AI Deals, P-8 Upgrade, Drone and Counter-Drone News
Space Force Awards $3.2 Billion To 12 Companies For Space-Based Interceptor Work

Congress Updates

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume