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Parsons Corp - PSN STOCK NEWS

Welcome to our dedicated news page for Parsons (Ticker: PSN), a resource for investors and traders seeking the latest updates and insights on Parsons.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Parsons's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Parsons's position in the market.

News
Parsons to Announce Third Quarter 2023 Financial Results on November 1, 2023
Rhea-AI Summary
Parsons Corporation (NYSE:PSN) will release Q3 2023 financial results on November 1, 2023. Conference call at 8:00 a.m. ET to discuss earnings results and corporate initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
earnings
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News
SealingTech Unveils New 1U and 2U Portable Edge Servers That Redefine High-Performance Computing
Rhea-AI Summary
Sealing Technologies, a Parsons Company, announces the launch of two revolutionary products: SN 5100 and SN 7100 edge servers. These servers offer enhanced cybersecurity capabilities and computational power. The SN 5100 is powered by AMD EPYC 9000 Series Processors, offering 84 cores and 168 threads, while the SN 7100 boasts 128 cores and 256 threads. Both servers provide substantial improvements in Packet Capture (PCAP) data and network metadata capture. SealingTech aims to meet the increasing demands of the cyber defense landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
none
-
News
Parsons Awarded $160 Million Intelligence Contract
Rhea-AI Summary
Parsons Corporation awarded $160 million contract by Intelligence Community
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
none
News
Parsons Awarded $150 Million Contract to Improve System Reliability for Southern Nevada Water Authority
Rhea-AI Summary
Parsons Corporation selected by Southern Nevada Water Authority for $150 million contract
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
none
-
News
Parsons to Present at the Jefferies Industrials Conference
Rhea-AI Summary
Parsons Corporation to present at Jefferies Industrials Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
conferences
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News
Parsons Acquires Sealing Technologies, Inc.
Rhea-AI Summary
Parsons Corporation acquires Sealing Technologies, Inc. for up to $200 million, strengthening its position in the national security market. SealingTech's capabilities in defensive cyber operations and AI-powered mission solutions complement Parsons' existing portfolio. The transaction is expected to be accretive to Parsons' fiscal year 2024 revenue growth rate, adjusted EBITDA margin, and adjusted earnings per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
acquisition
News
Parsons Wins 5-Year Contract with King Abdullah Financial District Development and Management Company
Rhea-AI Summary
Parsons Corporation awarded 5-year contract for project and construction management services in Saudi Arabia's King Abdullah Financial District (KAFD)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
none
-
News
Parsons Working in Partnership with NYSDOT to Reimagine the Future of Interstate 787 in Albany
Rhea-AI Summary
Parsons Corporation has been selected by the New York State Department of Transportation (NYSDOT) to complete a Planning and Environment Linkages (PEL) study for the potential reconfiguration of the Interstate 787 (I-787) corridor in the greater Albany area. The study aims to identify infrastructure improvement alternatives. Parsons has a strong track record in delivering infrastructure projects in New York State.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
partnership
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News
Parsons Awarded $109 Million Cyber Capabilities Contract
Rhea-AI Summary
Parsons Corporation has been selected by United States Cyber Command to continue support previously provided under the C4CD and C4CD Bridge contracts. The $109 million classified contract includes a one-year base period plus four one-year option periods. Parsons' ongoing support will focus on the J9 Acquisition and Technology Directorate mission set.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
none
News
Parsons Wins $52M Public Works Authority Contract In Qatar
Rhea-AI Summary
Parsons Corporation (NYSE: PSN) has been selected to provide design engineering consultancy services to Qatar’s Public Works Authority for a new $52 million, six-year road and infrastructure framework in Doha. The project aligns with Qatar National Vision 2030 and National Climate Change Action Plan 2030, aiming to improve access, decrease congestion, and reduce carbon emissions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
none
Stock PSN logo
Parsons Corp

NYSE:PSN

PSN Rankings

#885 Ranked by Market Cap
#966 Ranked by Stock Gains
N/A Ranked by Dividends

PSN Stock Data

8.51B
45.81M
0.87%
100.03%
4%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
US
Centreville

About PSN

founded in 1944, parsons is an engineering, construction, technical, and management services firm. our revenues in 2014 were $3.1 billion. we are 100% owned by our employee stock ownership trust. we conquer the toughest logistical challenges and deliver design/design-build, program/construction management, professional services, and innovative alternative delivery solutions to private industrial customers worldwide as well as to federal, regional, and local government agencies. parsons is a leader in many diversified markets with a focus on defense/security, industrial, and infrastructure. currently, more than 15,000 parsons employees are engaged in nearly 5,000 projects in 29 countries. collectively, our dedicated workers speak more than 80 languages and hold more than 11,800 college degrees and professional registrations. parsons' employees continue to go anywhere in the world, meet every technical and management challenge, and persevere until the job is done. social media house ru