Parsons reports record Q2 2024 revenue of $1.7B, up 23% YoY; raises full-year guidance

PARSONS CORP

2024-Q2 EPS reported -$0.36 revenue$3,206,143,000

Record revenue $1.7B (+23% YoY); organic growth 22% for fifth consecutive quarter above 20%.
Net income $69M (+60%); diluted EPS $0.63; adjusted EPS $0.84 (vs $0.63 prior year).
Adjusted EBITDA $150M (+27%); margin expanded 30 bps to 9.0%.
After quarter end, entered into definitive agreement to acquire BlackSignal Technologies for ~$200M.
FY 2024 guidance raised: revenue $6.35-6.55B, adj. EBITDA $555-595M, cash from ops $395-455M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.