Parsons Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Parsons (PSN)
Parsons Corporation cut its full-year 2026 revenue and adjusted EBITDA targets on July 29, 2026, months after reaffirming them -- the stock price fell 35% as the Company disclosed a terminated fixed-price contract and project delays behind the shortfall. NEW YORK, July 30, 2026 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) lowered its full-year 2026 adjusted EBITDA guidance to $500-$560 million from $615-$675 million on July 29, 2026 -- a reduction of as much as $115 million -- and cut revenue guidance to $6.2-$6.5 billion from $6.5-$6.8 billion, and the stock dropped 35%.