Parsons Plunges after Slashing Full-year Guidance

Shares of Parsons (PSN) slipped nearly 40% during early trading on Wednesday as the firm cut its full-year revenue, adjusted EBITDA, and cash flow from operating activities guidance. The firm reduced its full-year revenue guidance to $6.2B â $6.5B, versus the consensus of

Shares of Parsons (PSN) slipped nearly 40% during early trading on Wednesday as the firm cut its full-year revenue, adjusted EBITDA, and cash flow from operating activities guidance.

The firm reduced its full-year revenue guidance to $6.2B â $6.5B, versus the consensus of $6.65B, from its

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