Parsons Corporation Joins S&P MidCap 400 Index Announcement
Parsons Corporation Achieves Significant Milestone
Recently, Parsons Corporation (NYSE: PSN) proudly announced its inclusion in the S&P Dow Jones Indices' esteemed S&P MidCap 400 Index. This recognition will take effect just before the trading day begins on a date later this month. This milestone comes as Parsons celebrates its 80th anniversary, underscoring its role as a pivotal player in the national security and global infrastructure industries.
The Impact of Joining the S&P MidCap 400
Carey Smith, Parsons' Chair, President, and Chief Executive Officer, expressed the significant honor the company feels in joining the S&P MidCap 400 Index. In his statement, he emphasized the achievement as a testament to the hard work and dedication of Parsons' talented workforce. He noted that this accomplishment reflects on the company's commitment to its clients in fulfilling diverse missions worldwide.
Evaluating Parsons' Performance Trends
In the fiscal year preceding this announcement, Parsons reported remarkable financial results, showcasing organic revenue growth exceeding 20% across its business segments. These achievements mark record highs in both total revenue and net income since the company went public. Continuing this impressive trend, the first half of the current year also witnessed above 20% organic growth, demonstrating consistent operational excellence.
Recognitions and Ethical Standards
Parsons' solid performance is further highlighted by its recognition as one of the World's Most Ethical Companies by Ethisphere for the 15th consecutive year. This accolade reinforces the company's commitment to ethically driven operations, which play a vital role in fostering a high-performance culture within the organization. Numerous other awards have also celebrated the company's dedication to enhancing its workforce culture.
About Parsons Corporation
Parsons Corporation is celebrated as a leading disruptive technology provider in sectors concerning national security and global infrastructure. The company specializes in various environments, offering services in cyber and intelligence, space and missile defense, environmental remediation, urban development, and critical infrastructure protection. Parsons is committed to innovation and sustainability within these areas, propelling them towards creating future-ready solutions for significant, complex challenges.
Staying Connected with Parsons
Parsons invites you to explore more about its endeavors and projects by visiting their official website. They are active on social media platforms such as LinkedIn and Facebook, where they share updates on their impactful contributions to various sectors.
Contact Information:
Media Inquiries:
Bryce McDevitt
+1 703.851.4425
Email: Bryce.McDevitt@parsons.com
Investor Relations:
Dave Spille
+1 703.775.6191
Email: Dave.Spille@Parsons.us
Frequently Asked Questions
What does joining the S&P MidCap 400 signify for Parsons?
Being included in the S&P MidCap 400 symbolizes Parsons' growth and stability as a company, showcasing its performance and market significance.
How has Parsons performed financially in the last year?
In the previous year, Parsons achieved record organic revenue growth exceeding 20% across its business segments.
What ethical recognition has Parsons received?
Parsons has been named one of the World's Most Ethical Companies for 15 consecutive years by Ethisphere.
In which sectors does Parsons operate?
Parsons operates in various sectors, including cyber and intelligence, transportation, environmental remediation, and space and missile defense.
How can one learn more about Parsons Corporation?
To learn more about Parsons, you can visit their official website and follow them on their social media channels.
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