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FTRE Q1 2024 Earnings — Fortrea Holdings Inc. Revenue & Financial Results | Market Cap Arena
FTRE
Fortrea Holdings Inc.
$851M
Q1 2024 Earnings
Healthcare
Biotechnology
Income Statement
Revenue
$662M
-4.6% YoY
Gross Profit
$108M
16.3% margin
Operating Income
-$37M
-5.6% margin
Net Income
-$101M
-15.3% margin
EPS (Diluted)
$-1.15
QoQ Revenue Growth
-14.6%
Cash Flow
Operating Cash Flow
-$26M
Free Cash Flow
-$35M
Stock-Based Comp.
$15M
Balance Sheet
Total Assets
$4.2B
Total Liabilities
$2.6B
Stockholders' Equity
$1.6B
Cash & Equivalents
$93M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$662M
$694M
-4.6%
Gross Profit
$108M
$152M
-29.2%
Operating Income
-$37M
$14M
-365.2%
Net Income
-$101M
$13M
-908.0%
Geographic Segments
North America
$306M
46%
Europe
$208M
31%
Other Geographical Areas
$148M
22%
← FY 2024
All Quarters
Q2 2024 →