{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-21-053721","form_type":"8-K","ticker":"PSN","cik":"0000275880","company_name":"PARSONS CORP","filed_at":"2021-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.012003+00:00","generated_at":"2026-06-28T14:37:44.934758+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Parsons Q3 revenue down 5% YoY to $956M; adjusted EBITDA margin 8.8%","bullets":["Revenue $956M (-5% YoY); net income $19M ($0.18 EPS) vs $0.40 YoY; adjusted EPS $0.44.","Adjusted EBITDA $84M (8.8% margin) down 16% YoY; $12.2M write-downs on two legacy CI programs.","Record backlog $8.6B (+10.4% YoY); book-to-bill 1.1x Q3, 1.3x TTM; five contract wins >$100M each.","Cash from ops $77M in Q3; FY2021 guidance reiterated: rev $3.6-3.7B, adj. EBITDA $295-315M.","Completed acquisitions BlackHorse Solutions and Echo Ridge; authorized $100M buyback; repurchased $8.7M in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-21-053721","json":"https://secwatch.observer/filing/0001564590-21-053721.json","markdown":"https://secwatch.observer/filing/0001564590-21-053721.md","text":"https://secwatch.observer/filing/0001564590-21-053721.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/275880/000156459021053721/0001564590-21-053721-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/275880/000156459021053721/psn-8k_20211103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T14:37:44.934758+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}