Source-grounded facts extracted from PARSONS CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
PARSONS CORP updated its the first quarter ended March 31, 2026 guidance (reaffirmed).
“Parson Corporation (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2026 and certain other financial information.”
PARSONS CORP reported the first quarter ended March 31, 2024 results: revenue $1.5 billion, net income Net loss of $107 million, EPS ($1.01). Guidance raised.
“--- EX-99.1 Exhibit 99.1 Parsons* third quarter 2022 earnings press release Parsons Reports Strong First Quarter 2024 Results Q1 2024 Financial Highlights ▪ Record revenue of $1.5 billion increases 31% year-over-year ▪ Record first quarter organic revenue growth of 29%, including four consecutive quarters with organic growth above 20% ▪ Net loss of $107 million”
PARSONS CORP shareholders approved Advisory vote on the compensation of the named executive officers at the 2024-04-16 meeting.
“Proposal No. 3: To consider and approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement: For Against Abstain Broker Non-Votes 94,134,008 1,685,889 509,253 4,808,162 Proposal No. 3 was approved on an advisory basis.”
PARSONS CORP shareholders approved Ratify the appointment of Price Waterhouse Coopers LLP as the independent registered public accounting firm for fiscal year 2024 at the 2024-04-16 meeting.
“Proposal No. 2: To ratify the appointment of Price Waterhouse Coopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024: For Against Abstain Broker Non-Votes 98,936,217 1,911,922 289,173 - Proposal No. 2 was approved.”
PARSONS CORP shareholders approved Election of four directors to serve a three-year term expiring at the 2027 Annual Meeting at the 2024-04-16 meeting.
“Proposal No. 1: To elect four members to the Board to serve a three-year term expiring at the 2027 Annual Meeting of Stockholders: Nominee For Withheld Broker Non-Votes Steven F. Leer 93,638,056 2,691,094 4,808,162 Mark K. Holdsworth 82,357,377 13,971,773 4,808,162 M. Christian Mitchell 84,030,751 12,298,399 4,808,162 David C. Wajsgras 94,705,279 1,623,871 4,808,162 Each of the nominees nominated in Proposal No. 1 was elected.”
PARSONS CORP incurred convertible notes of $800.0 million aggregate principal amount with BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC at 2.625% per year maturing March 1, 2029.
“$100.0 million aggregate principal amount of Notes on the same terms and conditions. The Initial Purchasers exercised their option in full on February 22, 2024 and a total of $800.0 million aggregate principal amount of Notes were issued pursuant to the Purchase Agreement on February 26, 2024. The Purchase Agreement includes customary representations, warranties and”
PARSONS CORP entered into Purchase Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC valued at $700.0 million aggregate principal amount of its 2.625% Convertible Senior Notes due 2029 (effective 2024-02-21).
“On February 21, 2024, the Company entered into a purchase agreement (the “ Purchase Agreement ”) with BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as representatives of the several initial purchasers named therein (collectively, the “Initial Purchasers”), pursuant to which the Company agreed to issue and sell $700.0 million aggregate principal amount of its 2.625% Convertible Senior Notes due 2029”
PARSONS CORP entered into Indenture with U.S. Bank Trust Company, National Association (effective 2024-02-26).
“On February 26, 2024, the Company entered into an indenture (the “ Indenture ”) governing the terms of the Notes, by and between the Company and U.S. Bank Trust Company, National Association, as trustee”
PARSONS CORP reported the fourth quarter of 2023 results: revenue $1.5 billion, net income $45 million, EPS $0.39.
“quarter 2022 earnings press release Parsons Reports Record Results Since IPO for the Fourth Quarter and Fiscal Year 2023 Record Fourth Quarter Financial Highlights ▪ Revenue of $1.5 billion increases 35% year-over-year ▪ Organic revenue growth of 34% including at least 20% organic growth in both segments for the third consecutive quarter ▪ Net income of $45 million”
PARSONS CORP reported the year ended December 31, 2023 results: revenue $5.4 billion, net income $161 million, EPS $1.42.
“30% year-over-year ▪ Cash flow from operations of $190 million ▪ Contract awards increase 13% year-over-year to $1.2 billion Record Fiscal Year 2023 Highlights ▪ Revenue of $5.4 billion, representing total growth of 30% and organic growth of 23% ▪ Net income of $161 million increases 67% ▪ Adjusted EBITDA of $465 million increases 32% year-over-year ▪ Cash flow”
PARSONS CORP reported the third quarter ended September 30, 2023 results: revenue $1.4 billion, net income $47 million, EPS $0.42. Guidance raised.
“total revenue for the third quarter of 2023 increased by $284 million, or 25%, to $1.4 billion”
PARSONS CORP reported Q2 2023 results: revenue $1.4 billion, net income $43 million, EPS $0.38. Guidance raised.
“Record revenue of $1.4 billion increases 34% year-over-year ▪ Record organic revenue growth of 23% driven by record organic growth in both segments ▪ Significant second quarter net income of $43 million increases 136% ▪ Record adjusted EBITDA increases 53% to $118 million ▪ Strong book-to-bill ratio of 1.4x on contract awards growth of 95% ▪ Record total backlog increases 8% to $8.9 billion ▪ Increasing 2023 guidance ranges for revenue, adjusted EBITDA, and cash flow from operations”
PARSONS CORP reported quarter ended June 30, 2023 results: revenue $1.4 billion, net income $43 million, EPS $0.38. Guidance raised.
“All Rights Reserved. 2 Parsons* third quarter 2022 earnings press release Parsons Reports Strong Second Quarter 2023 Results Q2 2023 Financial Highlights ▪ Record revenue of $1.4 billion increases 34% year-over-year ▪ Record organic revenue growth of 23% driven by record organic growth in both segments ▪ Significant second quarter net income of $43 million”
PARSONS CORP reported the first quarter ended March 31, 2023 results: revenue $1.2 billion, net income $26 million, EPS $0.23. Guidance raised.
“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”
PARSONS CORP shareholders approved Advisory Vote on Executive Compensation at the 2023-04-18 meeting.
“Proposal No. 3: To consider and approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement: For Against Abstain Broker Non-Votes 93,161,774 2,502,168 737,664 4,357,316 Proposal No. 3 was approved on an advisory basis.”
PARSONS CORP shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2023-04-18 meeting.
“Proposal No. 2: To ratify the appointment of Price Waterhouse Coopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023: For Against Abstain Broker Non-Votes 98,232,423 2,204,916 321,583 - Proposal No. 2 was approved.”
PARSONS CORP shareholders approved Election of Directors at the 2023-04-18 meeting.
“Proposal No. 1: To elect two members to the Board to serve a three-year term expiring at the 2026 Annual Meeting of Stockholders: Nominee For Withheld Broker Non-Votes Letitia A. Long 85,022,652 11,378,954 4,357,316 Harry T. McMahon 93,746,444 2,655,162 4,357,316 Carey A. Smith 93,085,568 3,316,038 4,357,316 Each of the nominees nominated in Proposal No. 1 was elected.”
PARSONS CORP reported the fiscal year ended December 31, 2022 results: revenue $4.2 billion, net income $97 million, EPS $0.87.
“EBITDA of $98 million ▪ Cash flow from operations of $89 million ▪ Book-to-bill ratio of 1.0x in Q4 2022 and for fiscal year 2022 Fiscal Year 2022 Highlights ▪ Record revenue of $4.2 billion, representing total growth of 15% and organic growth of 9% ▪ Net income of $97 million ▪ Record adjusted EBITDA of $353 million ▪ Cash flow from operations of $238 million ▪ Won”
PARSONS CORP reported the fourth quarter ended December 31, 2022 results: revenue $1.1 billion, net income $28 million, EPS $0.25.
“Release Parsons Reports Record Revenue and Adjusted EBITDA Results for the Fourth Quarter and Fiscal Year 2022 Q4 2022 Financial Highlights ▪ Record fourth quarter revenue of $1.1 billion, representing total growth of 16% and organic growth of 9% ▪ Net income of $28 million ▪ Record fourth quarter adjusted EBITDA of $98 million ▪ Cash flow from operations of $89”
PARSONS CORP: Amended and restated bylaws to address universal proxy rules and enhance procedural mechanics for stockholder nominations and proposals, including technical changes (effective 2023-01-16).
“On January 16, 2023, the Board of Directors (the “Board”) of Parsons Corporation (the “Company”) amended and restated the Company’s bylaws, effective as of January 16, 2023 (as so amended and restated, the “Second Amended and Restated Bylaws”), to, among other things: • address the universal proxy rules adopted by the U.S. Securities and Exchange Commission, by clarifying that no person may solicit proxies in support of a director nominee other than the Board’s nominees unless such person has complied with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, including applicable notice and solicitation requirements; and • enhance procedural mechanics and disclosure requirements in connection with stockholder nominations of directors and submissions of proposals regarding other business at stockholder meetings, including requiring additional background information and disclosures regarding proposing stockholders, proposed nominees and business, and other persons related to”
PARSONS CORP reported the third quarter ended September 30, 2022 results: revenue $1,134 million, net income $30 million, EPS $0.27. Guidance raised.
“99.1 Parsons* third quarter 2022 earnings press release Parsons Reports Strong Third Quarter 2022 Results Q3 2022 Financial Highlights ▪ Revenue increases 19% year-over-year to $1,134 million, includes organic growth of 11% ▪ Organic revenue growth driven by both segments: Critical Infrastructure 13% and Federal Solutions 10% ▪ Net income increases 53% to $30 million”
George Ball was appointed as Class III Director at PARSONS CORP.
“the Board also unanimously elected to appoint each of Ellen Lord and George Ball to serve on the Board effective July 25, 2022.”
Ellen Lord was appointed as Class III Director at PARSONS CORP.
“the Board also unanimously elected to appoint each of Ellen Lord and George Ball to serve on the Board effective July 25, 2022.”
George L. Ball retired as Chief Financial Officer at PARSONS CORP.
“On July 20, 2022, the board of directors (the “Board”) of Parsons Corporation (the “Corporation”) unanimously appointed Matthew Ofilos as the Corporation’s Chief Financial Officer (“CFO”) effective July 25, 2022 due to the retirement of George L. Ball, who served as CFO since 2008 and will remain in an advisory capacity through September 2022.”
Matthew Ofilos was appointed as Chief Financial Officer at PARSONS CORP.
“On July 20, 2022, the board of directors (the “Board”) of Parsons Corporation (the “Corporation”) unanimously appointed Matthew Ofilos as the Corporation’s Chief Financial Officer (“CFO”) effective July 25, 2022 due to the retirement of George L. Ball, who served as CFO since 2008 and will remain in an advisory capacity through September 2022.”
James F. McGovern departed as Lead Independent Director at PARSONS CORP.
“The term for Parsons’ current Lead Independent Director, James F. McGovern, will expire on April 14, 2022 due to his retirement upon reaching the mandatory retirement age for board members.”
Steven F. Leer was appointed as Lead Independent Director at PARSONS CORP.
“the appointment of Steven F. Leer as the Lead Independent Director of the Board of Directors effective as of the annual shareholders’ meeting on April 14, 2022.”
Charles L. Harrington departed as Chairman of the Board at PARSONS CORP.
“The term for Parsons’ current Chairman of the Board of Directors, Charles L. Harrington, will expire on April 14, 2022 due to his retirement.”
Carey A. Smith was appointed as Chairwoman at PARSONS CORP.
“the appointment of Carey A. Smith as Chairwoman of the Board of Directors effective as of the annual shareholders’ meeting on April 14, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.