US EditionParsons Posts Record Q1 Revenue of $1.6B; Carey Smith on Federal Segment, M&A Plans - GovCon Wire
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Parsons Posts Record Q1 Revenue of $1.6B; Carey Smith on Federal Segment, M&A Plans - GovCon Wire
Parsons reported record revenue of $1.6 billion during the first quarter of fiscal year 2025, reflecting a 1 percent year-over-year growth, and ended the quarter with a record total backlog of $9.1 billion with a book-to-bill ratio of 1.1x on net bookings of $1.8 billion. Q1 2025 Financial Highlights In an earnings release published Wednesday,
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