Parsons Reports Strong Second Quarter 2023 Results
CENTREVILLE, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced financial results for the second quarter ended June 30, 2023.
- Second quarter 2023 adjusted EBITDA including noncontrolling interests increased by $3 million, or 10%, compared to the prior year period.
- Cash flow from operating activities: Second quarter 2023: $23 million compared to $51 million in second quarter of 2022.
- During the second quarter of 2023, the company won six single-award contracts worth more than $100 million each, a company record.
- In addition, the company won an additional $100 million contract after the 2023 second quarter ended.