Fortrea Q2 FY26 GAAP net loss narrows to $13.2 million; revenue falls 4.52% to $678.2 million

Reuters2026/07/29 10:37

By:Reuters

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Fortrea posted Q2 revenue of $678.2 million, down 4.52% from a year earlier.
GAAP net loss narrowed to $13.2 million; diluted loss per share improved to $0.14.
Adjusted EBITDA rose to $58.7 million; adjusted diluted EPS increased to $0.23.
Backlog was $7.8 billion; quarterly book-to-bill was 1.06x, marking a fourth straight quarter above 1.0x.
Raised full-year revenue outlook to $2.62 billion-$2.69 billion, lifting adjusted EBITDA guidance to $205 million-$220 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortrea Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-050368), on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fortrea Q2 FY26 GAAP net loss narrows to $13.2 million; revenue falls 4.52% to $678.2 million

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