Fortrea falls after Q1 revenue miss

Fortrea Holdings

13/05/2024 12:01

** Shares of contract research firm Fortrea Holdings
 FTRE.O  fall 4.9% to $31.4 premarket                           
         
    ** Co reports Q1 revenue at $662.1 mln vs analysts'
estimates of $754.6 mln - LSEG
    ** Co reports Q1 adjusted diluted loss per share of 4 cents
compared to profit of 33 cents from a year-ago period
    ** Stock is down ~5.4% YTD 
    

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))