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Fortrea Holdings Inc.

Fortrea Holdings Inc., a contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide. It offers clinical services that provides development and consulting services to clinical pharmacology and clinical development spectrum. The company also offers delivery models that include full service, functional service provider, and hybrid service structures. In addition, it delivers phase I – IV clinical trial management, clinical pharmacology, and consulting services. Fortrea Holdings Inc. enters into a strategic collaboration with Emery Pharma to provide rapid lot-by-lot, 1-methyl-4-nitrosopiperazine (MNP) testing of rifampin, the preferred drug for drug-drug interaction studies, to certify impurities are below the Acceptable Intake Limit set by U.S. Food and Drug Administration guidelines. Fortrea Holdings Inc. was incorporated in 2023 and is headquartered in Durham, North Carolina.

Market Cap

$575.8M

Volume

1.5M

Cash and Equivalents

$101.6M

EBITDA

-$19.6M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$542.8M

Profit Margin

20.21%

52 Week High

$27.99

52 Week Low

$3.97

Dividend

N/A

Price / Book Value

0.67

Price / Earnings

-0.76

Price / Tangible Book Value

-0.56

Enterprise Value

$1.8B

Enterprise Value / EBITDA

-457.59

Operating Income

-$102.5M

Return on Equity

61.58%

Return on Assets

-1.74

Cash and Short Term Investments

$101.6M

Debt

$1.3B

Equity

$858.8M

Revenue

$2.7B

Unlevered FCF

$368.3M

Sector

Life Sciences Tools and Services

Category

N/A

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