Parsons Reports Record Results Since IPO for the Second Quarter of 2024
PSNParsons(PSN) GlobeNewswire News Room·2024-07-31 18:30

Q2 2024 Financial Highlights Record revenue of 1.7billionincreases231.7 billion increases 23% year-over-yearStrong second quarter organic revenue growth of 22%, including five consecutive quarters with year-over-year organic growth above 20%Record net income of 69 million increases 60%Record adjusted EBITDA increases 27% to 150millionRecordcashflowfromoperationsincreases150 millionRecord cash flow from operations increases 138 million to 161million;recordtrailingtwelvemonthoperatingcashflowof161 million; record trailing twelve-month operating cash flow of 492 million increases 117% over the prior twelve-month periodAfter ...