Parsons Corporation

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Investigation Details

Parsons released its fourth quarter 2024 financial results on February 19, 2025, falling short of its prior guidance in revenue and EBITDA. The Company explained that its “adjusted EBITDA growth for the quarter was negatively impacted by $29 million of adjustments on two programs.”

Following this news, the price of Parsons shares fell from $73.50 per share on February 18, 2025, to close at $65.08 on February 19, 2025.