Parsons Reports Record Results Since IPO for the Third Quarter of 2024

Q3 2024 Financial Highlights Record revenue of $1.8 billion increases 28% year-over-year Record organic revenue growth of 26%, including six consecutive quarters with year-over-year organic growth above 20% Record net income increases 52% to$ 72 million Record adjusted EBITDA increases 31% to $167 million Record cash flow from operations increases by$ 95 million to $299 million; record trailing twelve-month operating cash flow of$ 587 million increases 91% over the prior twelve-month period Contract awards ...