Fortrea Reports Second Quarter 2025 Results
Fortrea Holdings Inc. (FTRE)
Company Research
Source: GlobeNewswire
For the three months ended June 30, 2025, from continuing operations: Revenues of $710.3 millionGAAP net loss of $(374.9) million, inclusive of a non-cash goodwill impairment chargeAdjusted EBITDA of $54.9 millionGAAP and adjusted net (loss) income per diluted share of $(4.14) and $0.19, respectivelyBook-to-bill ratio of 0.79x, resulting in 1.10x book-to-bill for the trailing 12 monthsCost saving initiatives remain on trackRaising 2025 revenue guidance to a range of $2,600 million to $2,700 million; affirming 2025 adjusted EBITDA guidance DURHAM, N.C., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today reported financial results for the second quarter ended June 30, 2025. “As Fortrea marked two years of independence at the end of June, the last remaining demands of the spin-related transition are firmly in the rear-view mirror,” said Fortrea Chief Financial Officer, Jill McConnell. “Fortrea is now
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News
- Why Fortrea (FTRE) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
- Why Fortrea (FTRE) Stock Is Trading Up Today [Yahoo! Finance]Yahoo! Finance
- Fortrea (NASDAQ:FTRE) had its price target raised by analysts at Mizuho from $11.00 to $13.00. They now have a "neutral" rating on the stock.MarketBeat
- Fortrea (NASDAQ:FTRE) was upgraded by analysts at Barclays PLC from a "strong sell" rating to a "hold" rating.MarketBeat
- Fortrea (NASDAQ:FTRE) was given a new $15.00 price target on by analysts at Barclays PLC.MarketBeat
FTRE
Earnings
- 11/5/25 - Miss
FTRE
Sec Filings
- 11/20/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/5/25 - Form 10-Q
- FTRE's page on the SEC website