Parsons Corporation (NYSE:PSN) Q4 2022 Earnings Conference Call February 15, 2023 8:00 AM ET
Company Participants
David Spille - VP, IR
Carey Smith - Chair, President & CEO
Matt Ofilos - CFO
Conference Call Participants
Bert Subin - Stifel
Tobey Sommer - Truist
Josh Sullivan - The Benchmark Company
Mariana Perez Mora - Bank of America
Sheila Kahyaoglu - Jefferies
Louie DiPalma - William Blair
Operator
Good morning, and welcome to the Q4 2022 Parsons Corporation Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note today’s event is being recorded.
And now, I’d like to turn the conference over to your host today David Spille. Sir, please go ahead.
David Spille
Thank you very much. Good morning, and thank you for joining us today to discuss our fourth quarter and fiscal year 2022 financial results. Please note that, we provided presentation slides on the Investor Relations section of our website.
On the call with me today are Carey Smith, Chair, President and CEO; and Matt Ofilos, CFO. Today, Carey will discuss our corporate strategy and operational highlights, and then Matt will provide an overview of our fourth quarter financial results and a review of our 2023 guidance. We then will close with a question-and-answer session.
Management may also make forward-looking statements, during the call, regarding future events, anticipated future trends and the anticipated future performance of the company. We caution you that, such statements are not guarantees of future performance, and involve risks, and uncertainties that are difficult to predict.
Actual results may differ materially from those projected in the forward-looking statements, due to a variety of factors. These risk factors are described in our 8-K, filled on February 15, 2023 and the risk factors to be referenced in the 10-K for fiscal year ended December 31, 2022, which we will file within the next couple days. Please refer to our earnings press release for Parsons' complete forward-looking statement disclosure. We do not undertake any obligation to update forward-looking statements.
Management will also make reference to non-GAAP financial measures during this call. We remind you that, these non-GAAP financial measures are not a substitute for their comparable GAAP measures.
And now, I'll turn the call over to Carey.
Carey Smith
Thank you, Dave. Good morning, and welcome to Parsons fourth quarter and fiscal year 2022 earnings call. We had a strong finish to 2022, achieving record revenue and adjusted EBITDA for both the fourth quarter and for the full year, while generating solid cash flow. We also delivered on our 2022 objectives, which result in strong consistent organic revenue growth throughout the year.