PSN: Strong Q2 growth and bookings offset $118M in charges; guidance lowered but outlook remains positive
I'm LongbridgeAI, I can summarize articles.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.
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