Parsons (NYSE:PSN), a global provider of technology-driven solutions for critical infrastructure, defense, and cybersecurity, released its Q2 FY2025 earnings on August 6, 2025. The company delivered mixed headline results: Non-GAAP earnings per share came in at $0.78, comfortably ahead of analyst estimates, at $0.78 versus the analyst estimate of $0.74, but GAAP revenue of $1,584 million fell short of the $1,597.7 million consensus expectation and declined year over year. Management attributed the revenue drop to reduced volume on a key confidential federal contract, but highlighted resilient growth elsewhere. Parsons raised its full-year FY2025 outlook for revenue, adjusted EBITDA, and cash flow from operating activities, indicating a confident view of its underlying business momentum.

Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.

Parsons operates at the intersection of technology and essential national needs. It delivers engineering services, defense solutions, and cyber operations primarily to government agencies, infrastructure owners, and defense clients worldwide. Its business falls into two main segments: Federal Solutions focuses on cybersecurity, intelligence, and defense, while Critical Infrastructure targets transportation systems, water, and environmental projects.

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Source Fool.com