{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-016866","form_type":"8-K","ticker":"PSN","cik":"0000275880","company_name":"PARSONS CORP","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.692584+00:00","generated_at":"2026-06-16T01:47:30.247092+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Parsons reports record Q1 revenue of $1.2B, up 24% YoY; raises FY2023 guidance","bullets":["Record Q1 revenue $1.2B (+24% YoY); organic growth 12%; net income $26M (+24%).","GAAP EPS $0.23; adjusted EPS $0.43; adjusted EBITDA $90M (+22%).","Book-to-bill 1.2x on $1.4B bookings; total backlog $8.4B (+$186M from Q4'22).","Raises FY2023 revenue guidance to $4.5-4.7B, adjusted EBITDA to $375-415M.","Won $750M State Dept contract, $214M Giant Mine, $164M Army Corps; post-Q1 awarded $1.8B FAA contract."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-016866","json":"https://secwatch.observer/filing/0000950170-23-016866.json","markdown":"https://secwatch.observer/filing/0000950170-23-016866.md","text":"https://secwatch.observer/filing/0000950170-23-016866.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/275880/000095017023016866/0000950170-23-016866-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/275880/000095017023016866/psn-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:47:30.247092+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"51807864835da4098f030b83b62c229e74c1cb0e","claim":"PARSONS CORP reported the first quarter ended March 31, 2023 results: revenue $1.2 billion, net income $26 million, EPS $0.23. Guidance raised.","evidence_excerpt":"Exhibit 99.1 Parsons* third quarter 2022 earnings press release Parsons Reports Strong First Quarter 2023 Results Q1 2023 Financial Highlights ▪ Record quarterly revenue of $1.2 billion, representing a 24% increase year-over-year ▪ Record quarterly organic revenue growth of 12% driven by strength in both segments ▪ Record first quarter net income increases by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/275880/000095017023016866/0000950170-23-016866-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$1.2 billion"},{"label":"Net income","value":"$26 million"},{"label":"EPS","value":"$0.23"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}