Parsons shares are trading higher after the company reported better-than-expected Q3 financial results and raised FY23 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Parsons Corporation reported better-than-expected Q3 financial results and raised its FY23 revenue guidance above estimates. This has led to an increase in the company's share price.
November 01, 2023 | 6:27 pm
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Parsons Corporation's Q3 results surpassed expectations and the company raised its FY23 revenue guidance, leading to a rise in its share price.
The company's better-than-expected Q3 results and raised FY23 revenue guidance are positive indicators of its financial health, which has led to increased investor confidence and a rise in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100