
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Parsons Corporation - PSN
PRNewsWire
Published: Aug 27, 2026, 10:20 PM
Sentiment Analysis
Pomerantz Law Firm Investigates Claims On Behalf of Investors of Parsons Corporation - PSN
Pomerantz LLP is investigating claims on behalf of investors of Parsons Corporation ("Parsons" or the "Company") (NYSE: PSN ).
The investigation concerns whether Parsons and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On July 29, 2026, Parsons reported its financial results for the second quarter of 2026.
Among other items, it reported revenue of approximately $1.58 billion, missing consensus estimates by $30 billion.
Parsons also lowered its full-year revenue guidance from a range of $6.5 billion to $6.8 billion to a range of $6.2 billion to $6.5 billion.
Parsons also sharply lowered its adjusted EBITDA and full-year cash flow guidance.
On a related earnings call, Parsons said that it had divested certain contacts and opted to exit two programs that faced staffing, supply-chain and management challenges.
On this news, Parson's stock price fell $21.71 per share, or 35%, to close at $40.32 per share on July 29, 2026.
Source: PRNewsWire
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