Fortrea Holdings beats top-line and bottom-line estimates; raises FY26 outlook


  • Fortrea Holdings press release (FTRE): Q2 Non-GAAP EPS of $0.23 beats by $0.05.
  • Revenue of $678.2M (-4.5% Y/Y) beats by $30.61M.
  • Book-to-bill ratio of 1.06x, resulting in 1.12x book-to-bill for the trailing 12 months.
  • Adjusted EBITDA of $58.7 million.
  • Cash



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