Parsons

PSN

Market cap $8.83B

CHANTILLY, Va., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session at the Goldman Sachs Industrials and Materials Conference on Wednesday, December 3, 2025, at approximately 2:10 p.m. Eastern Time.

The portfolio generated a modestly positive absolute return in Q3, but it trailed the MSCI All Country World Small Mid Index. The Q3 underperformance was driven by stock selection in the IT, financials and consumer discretionary sectors. On the positive side, stock selection in the health care and industrials sectors was the strongest contributor to performance.

CHANTILLY, Va., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a position on the $15 billion Pacific Deterrence Initiative Multiple Award Construction Contract (PDI MACC) by the Naval Facilities Engineering Systems Command (NAVFAC). The MACC consists of a 5-year base period with three one-year option periods and is a key component of the Pacific Deterrence Initiative, a U.S. Department of Defense program designed to strengthen deterrence capabilities, enhance regional security, and support the defense infrastructure throughout the Indo-Pacific region.

CHANTILLY, Va., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded an indefinite delivery indefinite quantity contract to modernize the U.S. Coast Guard's (USCG) Biometrics at Sea System (BASS 2.0). The BASS platform is a critical tool for maritime law enforcement operations and enables the Coast Guard to collect and analyze biometric data, including fingerprints and facial recognition, to verify identities, recognize threats, and enhance security by connecting to national and international databases. This award has a five-year performance period and represents new work for the company.

Parsons Corporation ( PSN ) Q3 2025 Earnings Call November 5, 2025 8:00 AM EST Company Participants David Spille - Senior Vice President of Investor Relations Carey Smith - President, CEO & Chairwoman Matt Ofilos - Chief Financial Officer Conference Call Participants Sangita Jain - KeyBanc Capital Markets Inc., Research Division Andrew J. Wittmann - Robert W.

Parsons (PSN) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.95 per share a year ago.

Q3 2025 Financial Highlights  Q3 revenue of $1.6 billion decreased 10% year-over-year and 14% on an organic basis Revenue growth of 14% excluding confidential contract; 9% on an organic basis Q3 net income of $64 million decreased $8 million year-over-year Q3 adjusted EBITDA decreased 5% to $158 million; adjusted EBITDA margin of 9.8% increased 60 basis points Book-to-bill ratio of 1.0x and continued streak of TTM book-to-bill ratio of 1.0x or greater in every quarter since IPO Total backlog increased to $8.8 billion; 72% is funded, highest level since IPO Modifying fiscal year 2025 revenue and reiterating adjusted EBITDA and cash flow guidance ranges at mid-point CHANTILLY, Va., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced financial results for the third quarter ended September 30, 2025.

Newport sold 1,119,023 shares, with an estimated transaction value of $86.5 million based on the quarterly average price. The transaction represented approximately 0.2% of the fund's 13F reportable assets under management The position remains the fund's 4th-largest holding, accounting for 9.63% of reportable AUM.

Parsons Corporation remains a Buy as strong fundamentals and a large backlog offset concerns about federal spending cuts and a confidential contract. PSN's Q2-2025 results were affected by a confidential government contract, but core business segments showed robust growth and significant new contract wins. Management raised 2025 guidance for revenue, adjusted EBITDA, and cash flow, with Wall Street analysts projecting double-digit EPS growth in 2026 and 2027.

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