Levi & Korsinsky has launched an investigation into potential securities law violations by Parsons Corporation following a sharp guidance cut and a 35% stock decline. Parsons reported second quarter CY2026 revenue of approximately $1.58 billion to $1.60 billion, missing the $1.61 billion consensus, along with a net loss of roughly $15 million and adjusted EBITDA of about $42 million, down approximately 72% from the prior-year period. The company cut full-year 2026 revenue guidance to $6.2 billion to $6.5 billion from $6.5 billion to $6.8 billion, and reduced adjusted EBITDA guidance to $500 million to $560 million from $615 million to $675 million, a reduction of as much as $115 million at the top end. The investigation concerns whether Parsons made materially false or misleading statements regarding its full-year 2026 outlook. Investors who purchased Parsons stock and suffered losses are encouraged to contact the firm for a free case evaluation.
Parsons CorpGuidance cut and net loss trigger securities investigation