FTRE (FTRE) Tops Q4 EPS by 11c, Beats on Revenues; Reaffirms Guidance
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Fortrea Reports First Quarter 2026 Results
May 5, 2026 6:00 AM EDTStrong first-quarter performance reinforces confidence in FY 2026 guidance
Book-to-bill of 1.15x is third consecutive quarter above 1.1x
Highlights
For the three months ended March 31, 2026:
Revenues of $636.5 millionBook-to-bill ratio of 1.15x, resulting in 1.05x book-to-bill for the trailing 12 monthsGAAP net loss of $(23.6) million, or $(0.25) per diluted shareAdjusted EBITDA of $47.0 millionAdjusted net income of $15.2 million, or $0.16 per diluted shareFull-year guidance affirmed
DURHAM, N.C., May 05, 2026 (GLOBE NEWSWIRE) --... More
