Yahoo Finance • 12 hours ago

MPA Contract Extended to Continue Delivering the Transformational Hudson Tunnel Project, the Most Urgent Rail Project in United States

NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- MPA Delivery Partners, the joint venture of Mace, Parsons Corporation (NYSE: PSN), and Arcadis (EURONEXT: ARCAD) announced today that the team has been awarded a $665 million, 4.5-year contrac... Full story

Yahoo Finance • 14 days ago

Parsons wins task order for Indo-Pacific counter-nuclear smuggling system deployment

Parsons (NYSE:PSN [https://seekingalpha.com/symbol/PSN]) on Wednesday said that it was awarded [https://seekingalpha.com/pr/20235077-parsons-awarded-task-order-for-indo-pacific-counter-nuclear-smuggling-system-deployment]a $13 million task... Full story

Yahoo Finance • 14 days ago

Parsons Awarded Task Order For Indo-Pacific Counter-Nuclear Smuggling System Deployment

CHANTILLY, Va., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was awarded a $13 million task order under the National Nuclear Security Administration (NNSA) Counter Nuclear Smuggling... Full story

Yahoo Finance • 20 days ago

Parsons Corporation Wins $81M US Army Contract for Advanced Radar, AI Solutions

Parsons Corporation (NYSE:PSN) is one of the best IT stocks to invest in according to hedge funds. On September 4, Parsons Corporation announced that it has secured an $81 million C5ISR radar contract from the US Army Combat Capabilities D... Full story

Yahoo Finance • 23 days ago

Parsons Expands Huntsville Footprint with Opening of New Redstone Gateway Facility

CHANTILLY, Va., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has officially opened its newest facility in Redstone Gateway, reinforcing its commitment to national security, mission-focused innovation, and the Huntsv... Full story

Yahoo Finance • 27 days ago

Parsons Secures $81 Million C5ISR Radar Contract from Army DEVCOM

CHANTILLY, Va., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded an $81 million Task Order under the Responsive Strategic Sourcing for Services (RS3) contract vehicle by the U.S. Army Combat Capabilitie... Full story

Yahoo Finance • last month

New Jersey Department of Transportation Launches Statewide Advanced Traffic Management System Powered by Parsons’ Smart Mobility Solution, iNET®

CHANTILLY, Va., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today the successful go-live of the New Jersey Department of Transportation's (NJDOT) Statewide Advanced Traffic Management System (ATMS), powere... Full story

Yahoo Finance • 2 months ago

CACI upgraded, Parsons downgraded at Goldman Sachs on updated outlook

[In A Military Control Center, A Young African American Man] AndreyPopov/iStock via Getty Images Goldman Sachs on Wednesday revised its outlook on several government IT and services companies following a wave of second-quarter earnings re... Full story

Yahoo Finance • 2 months ago

Persimmon margin beats estimates; 2025 guidance unchanged

Investing.com -- Persimmon (LON:PSN) on Wednesday posted a first-half 2025 underlying operating margin of 13.1%, topping Jefferies’ estimate of 12.3%, as completions and cash levels matched forecasts. The U.K. homebuilder delivered 4,60... Full story

Yahoo Finance • 2 months ago

Parsons secures $30M multi-year Army contract to deliver C5ISR radar solutions

[Contract Form With Pen, Selenium Tone] Nikolai Mentuk/iStock via Getty Images Parsons Corporation (NYSE:PSN [https://seekingalpha.com/symbol/PSN]) has secured a new $30 million contract [https://seekingalpha.com/pr/20195643-parsons-award... Full story

Yahoo Finance • 2 months ago

Parsons Awarded C5ISR Radar Contract by Army DEVCOM

CHANTILLY, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has been awarded a $30 million recompete contract by U.S. Army DEVCOM’s (Combat Capabilities Development Command) C5ISR Center. The contract, which Parsons... Full story

Yahoo Finance • 2 months ago

Parsons outlines 17% revenue growth target amid strong infrastructure wins and expanded federal pipeline

Earnings Call Insights: Parsons Corporation (PSN) Q2 2025 MANAGEMENT VIEW * Carey A. Smith, President, CEO & Chairwoman, reported that cash flow exceeded forecast with revenue and adjusted EBITDA in line with expectations and prior gui... Full story

Yahoo Finance • 2 months ago

Parsons earnings beat by $0.03, revenue fell short of estimates

Investing.com - Parsons (NYSE: PSN) reported second quarter EPS of $0.78, $0.03 better than the analyst estimate of $0.75. Revenue for the quarter came in at $1.58B versus the consensus estimate of $1.61B. Parsons’s stock price closed at... Full story

Yahoo Finance • 2 months ago

Parsons Corp (NYSE:PSN) Reports Mixed Q2 2025 Earnings with EPS Beat and Revenue Miss

Parsons Corp (NYSE:PSN [https://www.chartmill.com/stock/quote/PSN]) reported mixed second-quarter results for 2025, with earnings per share (EPS) surpassing analyst expectations while revenue fell short of estimates. The market reaction ha... Full story

Yahoo Finance • 2 months ago

Parsons beats Q2 estimates, updates guidance

* Parsons press release [https://seekingalpha.com/pr/20190572-parsons-reports-strong-second-quarter-2025-results] (NYSE:PSN [https://seekingalpha.com/symbol/PSN]): Q2 Non-GAAP EPS of $0.78 beats by $0.04. * Revenue of $1.6B (-5.9% Y/Y)... Full story

Yahoo Finance • 2 months ago

Parsons Reports Strong Second Quarter 2025 Results

Q2 2025 Financial Highlights Q2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basisRevenue growth of 13% excluding confidential contract; 8% on an organic basisQ2 net income of $55 million decreased $14 million... Full story

Yahoo Finance • 2 months ago

Globalstar and Parsons complete proof of concept for satellite comms

COVINGTON, La. - Globalstar, Inc. (NASDAQ:GSAT), a $3.12 billion market cap satellite communications provider, and Parsons Corporation (NYSE:PSN) announced Tuesday they have successfully completed a proof of concept for their joint satelli... Full story

Yahoo Finance • 2 months ago

Parsons-Versar JV secures $75M U.S. Army Corps of Engineers contract

Parsons (NYSE:PSN [https://seekingalpha.com/symbol/PSN]) Thursday said that the company’s joint venture with Versar was awarded [https://seekingalpha.com/pr/20176295-parsons-versar-joint-venture-awarded-75-million-u-s-army-corps-of-enginee... Full story

Yahoo Finance • 2 months ago

Parsons-Versar Joint Venture Awarded $75 Million U.S. Army Corps of Engineers Construction Management Contract

CHANTILLY, Va., July 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company’s joint venture (JV) with Versar was awarded a $75 million single award delivery order contract by the United States Army... Full story

Yahoo Finance • 2 months ago

IBM stock price target maintained at $320 by BofA ahead of earnings

Investing.com - BofA Securities has reiterated its Buy rating and $320.00 price target on IBM (NYSE:IBM) ahead of the company’s second-quarter earnings report scheduled for July 23. The stock, currently trading at $287.14 with a market c... Full story