---
title: "PSN: Strong Q2 growth and bookings offset $118M in charges; guidance lowered but outlook remains positive"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294226662.md"
description: "Q2 2026 saw strong core business growth, robust bookings, and margin expansion, despite $118 million in non-recurring charges from portfolio actions and a weather-impacted JV. Guidance was revised lower due to divestitures and timing, but backlog and book-to-bill ratios support confidence in H2 and 2027.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-29T14:58:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294226662.md)
  - [en](https://longbridge.com/en/news/294226662.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294226662.md)
---

# PSN: Strong Q2 growth and bookings offset $118M in charges; guidance lowered but outlook remains positive

Q2 2026 saw strong core business growth, robust bookings, and margin expansion, despite $118 million in non-recurring charges from portfolio actions and a weather-impacted JV. Guidance was revised lower due to divestitures and timing, but backlog and book-to-bill ratios support confidence in H2 and 2027.

Based on

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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