Fortrea (FTRE) - 2024 Q3 - Quarterly Results

Exhibit 99.1 ✈ Fortrea Fortrea Reports Third Quarter 2024 Results For the three months ended September 30, 2024, from continuing operations: • Revenues of $674.9 million • GAAP net loss of $(18.5) million • Adjusted EBITDA of $64.2 million • GAAP and adjusted net income (loss) per diluted share of $(0.21) and $0.23, respectively • Book-to-bill ratio of 1.23x, resulting in 1.15x book-to-bill for the trailing 12 months DURHAM, N.C., November 8, 2024— Fortrea (Nasdaq: FTRE) (the "Company"), a leading global co ...