Fortrea Raises 2026 Adjusted EBITDA Guidance Following Q3 Revenue Growth
Fortrea (FTRE) reported third-quarter revenue of $691.5 million, signaling progress in its strategic initiative to return to growth through margin expansion and increased top-line performance. CEO Anshul Thakral noted that the company's focus remains on driving both revenue and profitability improvements. Looking ahead, the company has provided updated full-year 2026 guidance, forecasting revenue between $2.665 billion and $2.690 billion. Additionally, Fortrea raised its adjusted EBITDA outlook to a range of $210 million to $218 million, reflecting improved operational efficiency and confidence in its long-term growth trajectory.
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