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News 2026-07-29 10:45 UTC

PSN shares tumbled after Q2 revs fall -1% Y/y to $1/6B vs est. $1.62B; Adjusted EPS for Q2 was negative (-$0.06) vs. est. +$0.76, missed ana

PSN shares tumbled after Q2 revs fall -1% Y/y to $1/6B vs est. $1.62B; Adjusted EPS for Q2 was negative (-$0.06) vs. est. +$0.76, missed analyst expectations, impacted by portfolio and JV charges; Q2 adj EBITDA fell -72% Y/y to $42M missing the $155M estimate; lowers FY 2026 revenue guidance to $6.2B-$6.5B from $6.5B-$