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.”
Earnings Releases
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”
Shareholder Votes
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.”
Shareholder Votes
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.”
Shareholder Votes
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.”
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