Parsons Corporation (PSN) Tops Q4 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Parsons Reports Fourth Quarter and Full Year 2021 Results
February 23, 2022 6:30 AM ESTQ4 2021 Financial Highlights
Revenue of $951 million in the quarter and $1.9 billion in the second half of 2021, representing total and organic growth of 9% and 7% over the first half of 2021, respectivelyNet income of $29 millionAdjusted EBITDA of $91 million and margin of 9.6%Cash flow from operations of $90 million for the fourth quarterBook-to-bill ratio of 0.9x in Q4 2021 and 1.25x for fiscal year 2021Total backlog of $8.3 billion, a 3% year-over-year increaseStrategic Highlights
All metrics at or above full-year 2021 guidance mid-point rangesWon three... More