Fortrea Holdings Inc. Files 8-K on Financials

TL;DR

Fortrea Holdings (FTRE) filed an 8-K detailing financial results and operations.

AI Summary

Fortrea Holdings Inc. filed an 8-K on March 11, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements. Fortrea Holdings Inc. was formerly known as Silver Spinco Inc. until a name change on February 7, 2023.

Why It Matters

This 8-K filing provides crucial updates on Fortrea Holdings Inc.'s financial performance and operational status, which is essential for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of financial information and does not appear to contain any immediate negative news or significant changes.

Key Players & Entities

• Fortrea Holdings Inc. (company) — Registrant
• Silver Spinco Inc. (company) — Former company name
• 20240311 (date) — Filing date
• 20230207 (date) — Date of name change

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value FTRE The NASDAQ Stock Market

Filing Documents

• ftre-20240311.htm (8-K) — 31KB
• exhibit991-pressreleasedat.htm (EX-99.1) — 193KB
• exhibit992divestitureofend.htm (EX-99.2) — 17KB
• fortrealogo.gif (GRAPHIC) — 3KB
• 0001965040-24-000006.txt ( ) — 390KB
• ftre-20240311.xsd (EX-101.SCH) — 2KB
• ftre-20240311_lab.xml (EX-101.LAB) — 21KB
• ftre-20240311_pre.xml (EX-101.PRE) — 12KB
• ftre-20240311_htm.xml (XML) — 3KB

02 - Results of Operations and Financial Condition

Item 2.02 - Results of Operations and Financial Condition. On March 11, 2024, Fortrea Holdings Inc. (the "Company") issued a press release announcing the Company's financial results for the year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference. Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information contained in, or incorporated into, Item 2.02, including the press release attached as Exhibit 99.1, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act of 1933, as amended (the "Securities Act"), except as shall be expressly set forth by specific reference to such filing.

01 - Regulation FD Disclosure

Item 7.01 - Regulation FD Disclosure. On March 11, 2024, the Company issued a press release announcing the divestiture of the Endpoint Clinical and Fortrea Patient Access businesses. A copy of the press release is furnished as Exhibit 99.2 to this Current Report and is incorporated herein by reference. Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information contained in, or incorporated into, Item 7.01, including the Press Release attached hereto as Exhibit 99.2, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under the Securities Act, except as shall be expressly set forth by specific reference to such filing.

01 - Financial Statements and Exhibits

Item 9.01 - Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release issued by the Company dated March 11, 2024 announcin g the C o mpany ' s financial results for the year ended D ecember 31, 2023 99.2 Press Release issued by the Company dated March 11, 202 4 announcing dives t it ure of the E ndpoint C l inical and Fortrea Patient Access busi n e s s es 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Fortrea Holdings Inc. By: /s/ Jill McConnell Name: Jill McConnell Title: Chief Financial Officer Date: March 11, 2024

View Full Filing

View this 8-K filing on SEC EDGAR