Parsons Posts Loss, Slashes 2026 Outlook as It Reshapes Portfolio
Parsons shares crashed after a $15.2M Q2 loss and sharp cuts to 2026 revenue and EBITDA guidance from portfolio reshaping.
/ 2 items
Parsons shares crashed after a $15.2M Q2 loss and sharp cuts to 2026 revenue and EBITDA guidance from portfolio reshaping.
Parsons (PSN) shares fell after losing the $12.5B air-traffic control modernization contract to Peraton, disappointing investors who expected the company to win.