Parsons reports Q3 EPS 65c, consensus 80c

Reports Q3 revenue $1.81B, consensus $1.64B. Reports Q3 total backlog $8.8B. “We delivered record Q3 results for total revenue, organic revenue growth, net income, adjusted EBITDA, operating cash flow, and contract awards. We also achieved over 20% organic growth for the sixth consecutive quarter, while efficiently managing the business as bottom line growth continues to outpace our strong top line growth,” said Carey Smith, chair, president, and CEO.