Parsons Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,535.68 million compared to USD 1,173.47 million a year ago. Net loss was USD 107.36 million compared to net income of USD 25.55 million a year ago.

Basic loss per share from continuing operations was USD 1.01 compared to basic earnings per share from continuing operations of USD 0.24 a year ago. Diluted loss per share from continuing operations was USD 1.01 compared to diluted earnings per share from continuing operations of USD 0.23 a year ago.