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Parsons Swings to Q2 Loss, Revenue Flat; 2026 Revenue Guidance Lowered; Shares Down Pre-Bell

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Parsons (PSN) reported a Q2 adjusted loss Wednesday of $0.06 per diluted share, compared with an adjusted earnings of $0.78 a year earlier.

Analysts surveyed by FactSet expected adjusted EPS of $0.76.

Revenue for the quarter ended June 30 was $1.58 billion, unchanged from a year earlier.

Analysts expected $1.61 billion.

For 2026, revenue is now projected to be $6.2 billion to $6.5 billion, compared with the prior outlook of $6.5 billion to $6.8 billion. Analysts expect $6.65 billion.

Parsons fell more than 23% in recent pre-bell activity Wednesdasy.

Price: $47.41, Change: $-14.62, Percent Change: -23.57%

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