---
schema_version: "secwatch.filing_event.v1"
accession: "0001965040-24-000060"
form_type: "8-K"
ticker: "FTRE"
cik: "0001965040"
company_name: "Fortrea Holdings Inc."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T03:02:40.551926+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fortrea Q3 revenue $674.9M, GAAP loss $(0.21)/share; FY rev guidance lowered to $2.7B-$2.725B

## Summary
- Q3 2024 revenue $674.9M, down from $713.8M YoY; GAAP net loss $(18.5)M vs $(16.1)M YoY.
- Adjusted EBITDA $64.2M, down from $68.2M YoY but up 16.3% sequentially.
- GAAP diluted EPS $(0.21); adjusted diluted EPS $0.23.
- Book-to-bill ratio 1.23x for Q3; backlog increased to $7.57B.
- FY 2024 revenue guidance updated to $2.70B-$2.725B; adjusted EBITDA guidance unchanged at $220M-$240M.

## SEC filing metadata
- accession: 0001965040-24-000060
- form_type: 8-K
- ticker: FTRE
- cik: 0001965040
- company_name: Fortrea Holdings Inc.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1965040/000196504024000060/0001965040-24-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1965040/000196504024000060/ftre-20241108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001965040-24-000060
- JSON: https://secwatch.observer/filing/0001965040-24-000060.json
- Plain text: https://secwatch.observer/filing/0001965040-24-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.