Fortrea Reports First Quarter 2026 Results

Strong first-quarter performance reinforces confidence in FY 2026 guidanceBook-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)perdilutedshareAdjustedEBITDAof(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, 2 ...

Fortrea Reports First Quarter 2026 Results - Reportify