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    Fortrea Holdings Inc.

    Subscribe to $FTRE
    $FTRE
    Medical Specialities
    Health Care

    IPO Year:

    Exchange: NASDAQ

    Recent Analyst Ratings for Fortrea Holdings Inc.

    DatePrice TargetRatingAnalyst
    5/2/2025$7.00Hold
    Truist
    4/10/2025$6.00Equal Weight → Underweight
    Barclays
    12/11/2024$30.00 → $23.00Buy → Neutral
    Citigroup
    12/6/2024$28.00 → $25.00Outperform → Neutral
    Robert W. Baird
    9/25/2024$25.00 → $21.00Buy → Hold
    Jefferies
    8/8/2024$31.00 → $27.00Outperform → In-line
    Evercore ISI
    7/24/2024$30.00Equal Weight
    Barclays
    6/6/2024$28.00Neutral
    Goldman
    5/29/2024$27.00Hold
    TD Cowen
    5/28/2024$27.00Neutral
    Mizuho
    See more ratings

    Fortrea Holdings Inc. Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Director Russell Erin L

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/21/25 6:04:05 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form 4 filed by Chief Executive Officer Pike Thomas

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/21/25 6:01:19 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • General Counsel Hanson James S. converted options into 2,998 shares and sold $9,768 worth of shares (1,007 units at $9.70), increasing direct ownership by 27% to 9,466 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/17/25 4:37:58 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Chief Operating Officer Morais Mark A. converted options into 4,283 shares and sold $11,708 worth of shares (1,207 units at $9.70), increasing direct ownership by 9% to 38,672 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/17/25 4:35:51 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Chief Financial Officer Mcconnell Jill G. converted options into 4,283 shares and sold $11,737 worth of shares (1,210 units at $9.70), increasing direct ownership by 8% to 40,467 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/17/25 4:33:57 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form 3 filed by new insider Russell Erin L

      3 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/17/25 4:31:17 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Chief Operating Officer Morais Mark A. converted options into 725 shares and sold $2,016 worth of shares (203 units at $9.93), increasing direct ownership by 1% to 35,596 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/14/25 4:32:27 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Chief Financial Officer Mcconnell Jill G. converted options into 935 shares and sold $2,592 worth of shares (261 units at $9.93), increasing direct ownership by 2% to 37,394 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/14/25 4:31:22 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Chief Operating Officer Morais Mark A. converted options into 1,573 shares and sold $4,980 worth of shares (499 units at $9.98), increasing direct ownership by 3% to 35,074 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/13/25 4:54:45 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Chief Financial Officer Mcconnell Jill G. converted options into 2,028 shares and sold $6,417 worth of shares (643 units at $9.98), increasing direct ownership by 4% to 36,720 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      3/13/25 4:53:36 PM ET
      $FTRE
      Medical Specialities
      Health Care

    Fortrea Holdings Inc. SEC Filings

    See more
    • Amendment: SEC Form SCHEDULE 13D/A filed by Fortrea Holdings Inc.

      SCHEDULE 13D/A - Fortrea Holdings Inc. (0001965040) (Subject)

      5/12/25 9:50:19 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form 10-Q filed by Fortrea Holdings Inc.

      10-Q - Fortrea Holdings Inc. (0001965040) (Filer)

      5/12/25 4:15:19 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Amendment: SEC Form SCHEDULE 13G/A filed by Fortrea Holdings Inc.

      SCHEDULE 13G/A - Fortrea Holdings Inc. (0001965040) (Subject)

      5/12/25 10:32:18 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Holdings Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Fortrea Holdings Inc. (0001965040) (Filer)

      5/12/25 6:49:09 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Holdings Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

      8-K - Fortrea Holdings Inc. (0001965040) (Filer)

      5/12/25 6:45:28 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form SCHEDULE 13G filed by Fortrea Holdings Inc.

      SCHEDULE 13G - Fortrea Holdings Inc. (0001965040) (Subject)

      5/6/25 4:06:39 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Amendment: SEC Form SCHEDULE 13G/A filed by Fortrea Holdings Inc.

      SCHEDULE 13G/A - Fortrea Holdings Inc. (0001965040) (Subject)

      5/2/25 11:11:04 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form SCHEDULE 13G filed by Fortrea Holdings Inc.

      SCHEDULE 13G - Fortrea Holdings Inc. (0001965040) (Subject)

      5/2/25 10:39:43 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form DEFA14A filed by Fortrea Holdings Inc.

      DEFA14A - Fortrea Holdings Inc. (0001965040) (Filer)

      4/28/25 4:07:41 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form DEF 14A filed by Fortrea Holdings Inc.

      DEF 14A - Fortrea Holdings Inc. (0001965040) (Filer)

      4/28/25 4:05:28 PM ET
      $FTRE
      Medical Specialities
      Health Care

    Fortrea Holdings Inc. Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • General Counsel Hanson James S. bought $50,600 worth of shares (2,000 units at $25.30), increasing direct ownership by 37% to 7,475 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      6/12/24 6:28:42 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Pike Thomas bought $248,066 worth of shares (10,000 units at $24.81), increasing direct ownership by 21% to 57,827 units (SEC Form 4)

      4 - Fortrea Holdings Inc. (0001965040) (Issuer)

      5/30/24 4:34:01 PM ET
      $FTRE
      Medical Specialities
      Health Care

    Fortrea Holdings Inc. Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Fortrea Holdings Inc.

      SC 13G - Fortrea Holdings Inc. (0001965040) (Subject)

      11/12/24 9:55:14 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form SC 13D/A filed by Fortrea Holdings Inc. (Amendment)

      SC 13D/A - Fortrea Holdings Inc. (0001965040) (Subject)

      5/28/24 5:10:47 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • SEC Form SC 13D/A filed by Fortrea Holdings Inc. (Amendment)

      SC 13D/A - Fortrea Holdings Inc. (0001965040) (Subject)

      2/26/24 7:01:18 PM ET
      $FTRE
      Medical Specialities
      Health Care

    Fortrea Holdings Inc. Financials

    Live finance-specific insights

    See more
    • Fortrea Reports First Quarter 2025 Results

      For the three months ended March 31, 2025, from continuing operations: Revenues of $651.3 millionGAAP net loss of $(562.9) million, inclusive of a non-cash goodwill impairment chargeAdjusted EBITDA of $30.3 millionGAAP and adjusted net (loss) income per diluted share of $(6.25) and $0.02, respectivelyBook-to-bill ratio of 1.02x, resulting in 1.14x book-to-bill for the trailing 12 months DURHAM, N.C., May 12, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today reported financial results for the first quarter ended March 31, 2025. "Fortrea's first quarter performance represents a solid start to 2025," sai

      5/12/25 6:40:58 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Announces CEO Stepping Down

      DURHAM, N.C., May 12, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today announced that Thomas Pike is stepping down from his role as Fortrea's Chief Executive Officer and as Chairman of its Board. Fortrea's Lead Independent Director, Peter M. Neupert, will serve as Interim Chief Executive Officer and Board Chair, beginning May 13, 2025. As part of a succession planning process, an executive search is already at an advanced stage. Mr. Pike has entered into a consulting agreement with the Company to serve as a resource to its leadership team through the transition. "On behalf of Fortrea's Board, I would like to thank

      5/12/25 6:30:02 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Announces Date for First Quarter 2025 Financial Results and Conference Call

      DURHAM, N.C., April 15, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today announced that it will release its first quarter 2025 financial results before the market opens on Monday, May 12, 2025. Fortrea will host a conference call at 9:00 am ET that day to review its financial results and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Fortrea Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can also be accessed through the following earnings webcast link.

      4/15/25 7:00:25 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Reports Fourth Quarter and Full-Year 2024 Results; Issues Full-Year 2025 Guidance

      For the three months and full-year ended December 31, 2024, from continuing operations: Revenues of $697.0 million for the fourth quarter, $2,696.4 million for the full yearGAAP net loss of $(73.9) million for the fourth quarter, $(271.5) million for the full yearAdjusted EBITDA of $56.0 million for the fourth quarter, $202.5 million for the full yearFourth-quarter book-to-bill ratio of 1.35x DURHAM, N.C., March 03, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization ("CRO"), today reported financial results for the fourth quarter and full year ended December 31, 2024. "Our intense focus on our customers' success and creating a

      3/3/25 6:45:26 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Announces Date for Fourth Quarter and Full Year 2024 Financial Results and Conference Call

      DURHAM, N.C., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today announced that it will release its fourth quarter and full year 2024 financial results before the market opens on Monday, March 3, 2025. Fortrea will host a conference call at 9:00 am ET that day to review its financial results and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Fortrea Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can also be accessed through the following earnings

      1/30/25 7:00:31 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Reports Third Quarter 2024 Results

      For the three months ended September 30, 2024, from continuing operations: Revenues of $674.9 millionGAAP net loss of $(18.5) millionAdjusted EBITDA of $64.2 millionGAAP and adjusted net income (loss) per diluted share of $(0.21) and $0.23, respectivelyBook-to-bill ratio of 1.23x, resulting in 1.15x book-to-bill for the trailing 12 months DURHAM, N.C., Nov. 08, 2024 (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, 2024. "We had a solid quarter of execution" said Tom Pike, chairman and CEO of Fortrea. "Our book-to-bill ratio for the quarter, as exp

      11/8/24 6:30:00 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Announces Date for Third Quarter 2024 Financial Results and Conference Call

      DURHAM, N.C., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization ("CRO"), today announced that it will release its third quarter 2024 financial results before the market opens on Friday, November 8, 2024. Fortrea will host a conference call at 8:00 am ET that day to review its financial results and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Fortrea Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can also be accessed through the following earnings webcast l

      10/14/24 7:00:09 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Reports Second Quarter 2024 Results

      For the three months ended June 30, 2024, from continuing operations: Revenues of $662.4 millionGAAP net loss of $(99.3) millionAdjusted EBITDA of $55.2 millionGAAP and adjusted diluted loss per share of $(1.11) and $(0.03), respectivelyBook-to-bill ratio of 0.96x, resulting in 1.16x book-to-bill for the trailing 12 monthsCompleted divestiture of assets relating to the Endpoint Clinical and Patient Access businessesDebt paydown of $504 million in the quarter using initial divestiture and securitization proceedsRevised full-year guidance DURHAM, N.C., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contr

      8/12/24 7:00:25 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Announces Date for Second Quarter 2024 Financial Results and Conference Call

      DURHAM, N.C., July 17, 2024 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today announced that it will release its second quarter 2024 financial results before the market opens on Monday, August 12, 2024. Fortrea will host a conference call at 9:00 am ET that day to review its financial results and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Fortrea Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can also be accessed through the following earnings webcast lin

      7/17/24 7:00:24 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Reports First Quarter 2024 Results

      For the three months ended March 31, 2024, from continuing operations: Revenues of $662.1 millionGAAP net loss of $81.6 millionAdjusted EBITDA of $29.5 millionGAAP and adjusted diluted earnings (loss) per share of $(0.91) and $(0.04), respectivelyBook-to-bill ratio of 1.11x, resulting in >1.2x book-to-bill for the trailing nine monthsPlanned divestiture of assets relating to the Endpoint Clinical and Patient Access businesses on track DURHAM, N.C., May 13, 2024 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today reported financial results for the first quarter ended March 31, 2024. "We are making solid progress toward o

      5/13/24 6:30:28 AM ET
      $FTRE
      Medical Specialities
      Health Care

    Fortrea Holdings Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Truist initiated coverage on Fortrea with a new price target

      Truist initiated coverage of Fortrea with a rating of Hold and set a new price target of $7.00

      5/2/25 8:14:26 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea downgraded by Barclays with a new price target

      Barclays downgraded Fortrea from Equal Weight to Underweight and set a new price target of $6.00

      4/10/25 8:49:08 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea downgraded by Citigroup with a new price target

      Citigroup downgraded Fortrea from Buy to Neutral and set a new price target of $23.00 from $30.00 previously

      12/11/24 7:50:50 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea downgraded by Robert W. Baird with a new price target

      Robert W. Baird downgraded Fortrea from Outperform to Neutral and set a new price target of $25.00 from $28.00 previously

      12/6/24 7:43:22 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea downgraded by Jefferies with a new price target

      Jefferies downgraded Fortrea from Buy to Hold and set a new price target of $21.00 from $25.00 previously

      9/25/24 7:38:01 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea downgraded by Evercore ISI with a new price target

      Evercore ISI downgraded Fortrea from Outperform to In-line and set a new price target of $27.00 from $31.00 previously

      8/8/24 6:31:41 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Barclays resumed coverage on Fortrea with a new price target

      Barclays resumed coverage of Fortrea with a rating of Equal Weight and set a new price target of $30.00

      7/24/24 10:28:27 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Goldman initiated coverage on Fortrea with a new price target

      Goldman initiated coverage of Fortrea with a rating of Neutral and set a new price target of $28.00

      6/6/24 7:15:14 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • TD Cowen initiated coverage on Fortrea with a new price target

      TD Cowen initiated coverage of Fortrea with a rating of Hold and set a new price target of $27.00

      5/29/24 7:31:16 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Mizuho initiated coverage on Fortrea with a new price target

      Mizuho initiated coverage of Fortrea with a rating of Neutral and set a new price target of $27.00

      5/28/24 7:39:42 AM ET
      $FTRE
      Medical Specialities
      Health Care

    Fortrea Holdings Inc. Leadership Updates

    Live Leadership Updates

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    • Society for Clinical Research Sites (SCRS) and Fortrea Partner to Advance Collaboration in Clinical Research

      DURHAM, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- The Society for Clinical Research Sites (SCRS) and Fortrea (NASDAQ:FTRE), a leading global contract research organization (CRO), are pleased to announce Fortrea's sponsorship of the SCRS Collaborate Forward working group. Comprising 16 leading Global Impact Partner organizations, the Collaborate Forward working group will explore and develop best practices to reduce administrative burdens across the clinical research ecosystem. The group is committed to fostering transparency and collaboration to tackle challenges faced by clinical research sites. By improving internal processes, it aims to make sites more sustainable and trials more efficie

      2/20/25 7:00:00 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Maravai LifeSciences Appoints R. Andrew Eckert as Chairman of the Board of Directors

      SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Maravai LifeSciences Holdings, Inc. ("Maravai" or the "Company") (NASDAQ:MRVI), a global provider of life science reagents and services to researchers and biotech innovators, announced that Carl Hull will retire from his position as Executive Chairman of the Board and that the Board of Directors has unanimously elected R. Andrew Eckert to succeed him as Chairman of the Board, effective December 5, 2024. Carl Hull founded Maravai in 2014 and served as Chief Executive Officer, assuming the role of Executive Chairman in October 2022. "Leading Maravai has been the single most rewarding experience in my career. I am extremely proud of what we have

      12/5/24 4:05:00 PM ET
      $BDX
      $FTRE
      $MRVI
      Medical/Dental Instruments
      Health Care
      Medical Specialities
      Biotechnology: Pharmaceutical Preparations
    • Fortrea Appoints Robert Parks as Chief Accounting Officer

      DURHAM, N.C., July 11, 2024 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE), a leading global contract research organization (CRO), today announced that Robert "Bobby" Parks has been appointed as chief accounting officer (CAO), responsible for Fortrea's accounting function, including financial reporting, risk, controls and compliance in accordance with applicable standards, laws and regulations. "We are pleased to welcome Bobby to the Fortrea team, bringing his broad and deep experience from CROs and other fast-paced environments," said Fortrea Chief Financial Officer Jill McConnell. "Bobby has a track record of managing Sarbanes-Oxley Act requirements and internal controls, including for CROs,

      7/11/24 8:00:09 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Appoints Machelle Sanders to Board of Directors

      DURHAM, N.C., May 16, 2024 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization ("CRO"), today announced the appointment of Machelle Sanders to the Company's Board of Directors. Ms. Sanders has served as North Carolina's Secretary of Commerce since February 2021 and brings strong domain expertise from more than 30 years of operational and quality assurance roles in pharmaceutical and biotechnology companies. "Machelle's impressive background in life sciences and public service enables her to bring a unique and welcome perspective to our Board," said Tom Pike, chairman and CEO. "She is a highly respected leader, who understands our cu

      5/16/24 4:05:38 PM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Convenes New Site Advisory Board

      DURHAM, N.C., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today announced it convened last week the inaugural meeting of its Site Advisory Board, a collaboration between clinical research investigator sites ("sites") and industry leaders to create a better clinical trial experience for sites, patients and clinical study sponsors ("sponsors") by targeting changes in technology, operational planning and delivery, commercial terms and community engagement. Fortrea places sites and investigators at the forefront of clinical trial planning, leveraging their perspectives to drive changes that will improve the sp

      12/13/23 7:00:00 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Appoints Life Science Executive Dr. John Doyle to Lead Consulting Team

      DURHAM, N.C., Oct. 13, 2023 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE), a leading global contract research organization (CRO), today announced the appointment of John Doyle Dr.P.H., as its new President of Consulting. Doyle will serve on Fortrea's leadership team and lead a team of consultants and advisors with expertise that spans early development through lifecycle management. "Pharmaceutical and biotechnology innovators must constantly navigate complex and fast-changing business and regulatory environments to achieve their mission," said Tom Pike, chairman and chief executive officer of Fortrea. "John has extensive industry knowledge and distinctive technical skills that translate to

      10/13/23 7:00:41 AM ET
      $FTRE
      Medical Specialities
      Health Care

    Fortrea Holdings Inc. Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Fortrea Reports First Quarter 2025 Results

      For the three months ended March 31, 2025, from continuing operations: Revenues of $651.3 millionGAAP net loss of $(562.9) million, inclusive of a non-cash goodwill impairment chargeAdjusted EBITDA of $30.3 millionGAAP and adjusted net (loss) income per diluted share of $(6.25) and $0.02, respectivelyBook-to-bill ratio of 1.02x, resulting in 1.14x book-to-bill for the trailing 12 months DURHAM, N.C., May 12, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today reported financial results for the first quarter ended March 31, 2025. "Fortrea's first quarter performance represents a solid start to 2025," sai

      5/12/25 6:40:58 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Announces CEO Stepping Down

      DURHAM, N.C., May 12, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today announced that Thomas Pike is stepping down from his role as Fortrea's Chief Executive Officer and as Chairman of its Board. Fortrea's Lead Independent Director, Peter M. Neupert, will serve as Interim Chief Executive Officer and Board Chair, beginning May 13, 2025. As part of a succession planning process, an executive search is already at an advanced stage. Mr. Pike has entered into a consulting agreement with the Company to serve as a resource to its leadership team through the transition. "On behalf of Fortrea's Board, I would like to thank

      5/12/25 6:30:02 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Named a Leader in Everest Group's Pharmacovigilance Operations PEAK Matrix® Assessment 2025

      DURHAM, N.C., May 01, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE), a leading global contract research organization (CRO), today announced it has been recognized as a "Leader" for pharmacovigilance (PV) operations by Everest Group in its annual Pharmacovigilance Operations PEAK Matrix® Assessment 2025. Fortrea's top position was recognized in both pre-and post-approval PV operations in Everest Group's proprietary framework, which assesses market impact along with vision and capability. "Fortrea's mission is to bring life-changing treatments to patients faster, and we have translated our profound commitment to patients into recognized leadership in pharmacovigilance," said Mark Morais, c

      5/1/25 7:00:20 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Announces Date for First Quarter 2025 Financial Results and Conference Call

      DURHAM, N.C., April 15, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today announced that it will release its first quarter 2025 financial results before the market opens on Monday, May 12, 2025. Fortrea will host a conference call at 9:00 am ET that day to review its financial results and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Fortrea Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can also be accessed through the following earnings webcast link.

      4/15/25 7:00:25 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Reports Fourth Quarter and Full-Year 2024 Results; Issues Full-Year 2025 Guidance

      For the three months and full-year ended December 31, 2024, from continuing operations: Revenues of $697.0 million for the fourth quarter, $2,696.4 million for the full yearGAAP net loss of $(73.9) million for the fourth quarter, $(271.5) million for the full yearAdjusted EBITDA of $56.0 million for the fourth quarter, $202.5 million for the full yearFourth-quarter book-to-bill ratio of 1.35x DURHAM, N.C., March 03, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization ("CRO"), today reported financial results for the fourth quarter and full year ended December 31, 2024. "Our intense focus on our customers' success and creating a

      3/3/25 6:45:26 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea to Add Erin L. Russell to Board of Directors

      DURHAM, N.C., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE), a leading global contract research organization (CRO), today announced that it will appoint Erin L. Russell, a financial and healthcare executive, as a new independent member of the Company's Board of Directors (the "Board") effective immediately prior to the next regularly scheduled meeting of the Board. Ms. Russell is being appointed in connection with a cooperation agreement (the "Agreement") between Fortrea and Starboard Value LP (together with its affiliates, "Starboard"), an investment firm that owns approximately 5.4% of the Company's outstanding common stock. "We are pleased to have reached a constructive agree

      2/21/25 3:33:10 PM ET
      $EHTH
      $FTRE
      $KAI
      $MODV
      Specialty Insurers
      Finance
      Medical Specialities
      Health Care
    • Society for Clinical Research Sites (SCRS) and Fortrea Partner to Advance Collaboration in Clinical Research

      DURHAM, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- The Society for Clinical Research Sites (SCRS) and Fortrea (NASDAQ:FTRE), a leading global contract research organization (CRO), are pleased to announce Fortrea's sponsorship of the SCRS Collaborate Forward working group. Comprising 16 leading Global Impact Partner organizations, the Collaborate Forward working group will explore and develop best practices to reduce administrative burdens across the clinical research ecosystem. The group is committed to fostering transparency and collaboration to tackle challenges faced by clinical research sites. By improving internal processes, it aims to make sites more sustainable and trials more efficie

      2/20/25 7:00:00 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Fortrea Announces Date for Fourth Quarter and Full Year 2024 Financial Results and Conference Call

      DURHAM, N.C., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE) (the "Company"), a leading global contract research organization (CRO), today announced that it will release its fourth quarter and full year 2024 financial results before the market opens on Monday, March 3, 2025. Fortrea will host a conference call at 9:00 am ET that day to review its financial results and conduct a question-and-answer session. To participate in the earnings call, participants should register online at the Fortrea Investor Relations website. To avoid potential delays, please join at least 10 minutes prior to the start of the call. The conference call can also be accessed through the following earnings

      1/30/25 7:00:31 AM ET
      $FTRE
      Medical Specialities
      Health Care
    • Maravai LifeSciences Appoints R. Andrew Eckert as Chairman of the Board of Directors

      SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Maravai LifeSciences Holdings, Inc. ("Maravai" or the "Company") (NASDAQ:MRVI), a global provider of life science reagents and services to researchers and biotech innovators, announced that Carl Hull will retire from his position as Executive Chairman of the Board and that the Board of Directors has unanimously elected R. Andrew Eckert to succeed him as Chairman of the Board, effective December 5, 2024. Carl Hull founded Maravai in 2014 and served as Chief Executive Officer, assuming the role of Executive Chairman in October 2022. "Leading Maravai has been the single most rewarding experience in my career. I am extremely proud of what we have

      12/5/24 4:05:00 PM ET
      $BDX
      $FTRE
      $MRVI
      Medical/Dental Instruments
      Health Care
      Medical Specialities
      Biotechnology: Pharmaceutical Preparations
    • Fortrea to Present at the Citi Global Healthcare Conference

      DURHAM, N.C., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Fortrea (NASDAQ:FTRE), a leading global contract research organization (CRO), today announced that Chairman and Chief Executive Officer, Tom Pike and Chief Financial Officer, Jill McConnell will present at the Citi Global Healthcare Conference on Wednesday, December 4, 2024 at 1:45 pm ET. The live webcast will be available to investors and other interested parties by accessing the Fortrea Investor Relations website. A webcast replay will be available after the event. About Fortrea Fortrea (NASDAQ:FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmac

      11/26/24 4:15:00 PM ET
      $FTRE
      Medical Specialities
      Health Care