Fortrea Reports Third Quarter 2025 Results
Fortrea Holdings Inc. (FTRE)
Company Research
Source: GlobeNewswire
For the three months ended September 30, 2025, from continuing operations: Revenues of $701.3 millionGAAP net loss of $(15.9) millionAdjusted EBITDA of $50.7 millionGAAP and adjusted net (loss) income per diluted share of $(0.17) and $0.12, respectivelyBook-to-bill ratio of 1.13x, resulting in 1.07x book-to-bill for the trailing 12 monthsCost saving initiatives remain on trackRaising 2025 revenue guidance to a range of $2,700 million to $2,750 million; narrowing 2025 adjusted EBITDA guidance to a range of $175 million to $195 million DURHAM, N.C., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today reported financial results for the third quarter ended September 30, 2025. “Fortrea delivered a solid performance that met expectations in the third quarter by partnering with our clients and advancing the development of potentially life-changing treatments for patients,” said Anshul Thakral, CEO of Fort
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FTRE
News
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- Fortrea Completes $75.7 Million Senior Notes Tender Offer Utilizing Cash on HandGlobeNewswire
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