BrightView(BV)
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BrightView(BV) - 2024 Q2 - Quarterly Results
2024-05-01 20:18
COMPANY UPDATES FISCAL YEAR 2024 GUIDANCE 1 BLUE BELL, PA, May 1, 2024 -- BrightView Holdings, Inc. (NYSE: BV) (the "Company" or "BrightView"), the leading commercial landscaping services company in the United States, today reported unaudited results for the second quarter ended March 31, 2024. SECOND QUARTER FISCAL 2024 SUMMARY • Total revenue increased 3.5% year-over-year to $672.9 million, • Net income increased 253% year-over-year to $33.7 million, Net income margin expansion of 840 basis points, • Adju ...
BrightView(BV) - 2024 Q2 - Quarterly Report
2024-05-01 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of Each Class Trading Symbol Name of exchange on which registered FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to BrightView Holdings, Inc. (Exact name of Registrant as specified in its Charter) Securities registered pursuant to Section 12(g) of the Act: None Table of Contents Table of Contents Table of Contents This Quarterly Report on Form 10- ...
BrightView Partners with Red Wing Shoes to Equip 18,000 Team Members with Safety Boots
Businesswire· 2024-03-19 10:30
BrightView Landscapes is equipping its team members with safety boots from Red Wing Shoes to help ensure safety and comfort in every aspect of their work. (Photo: Business Wire)BrightView Landscapes is equipping its team members with safety boots from Red Wing Shoes to help ensure safety and comfort in every aspect of their work. (Photo: Business Wire)BrightView Landscapes is equipping its team members with safety boots from Red Wing Shoes to help ensure safety and comfort in every aspect of their work. (Ph ...
BrightView Declares Cash Dividend Payment on Preferred Stock
Businesswire· 2024-03-14 20:15
BLUE BELL, Pa.--(BUSINESS WIRE)--BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $8.91 million on its Series A Preferred Stock. The dividend represents payment for the period from December 31, 2023 to March 30, 2024, and will be paid on April 1, 2024, to holders of record as of March 15, 2024. On August 28, 2023, BrightView entered into an investment agreemen ...
BrightView Announces Upcoming Investor Conference Schedule
Businesswire· 2024-03-12 20:15
BLUE BELL, Pa.--(BUSINESS WIRE)--BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that it will participate in the following investor events: Craig-Hallum Capital Group Fireside Chat Date: Thursday, March 14, 2024 Location: Virtual Jefferies Business Services Summit Date: Thursday, March 21, 2024 Location: New York, New York BrightView has made available on its investor relations website an updated investor presentation for use ...
BrightView Q1: Divestitures And Lower Leverage Could Imply Undervaluation With Risks
Seeking Alpha· 2024-02-07 16:26
Thanasis/Moment via Getty ImagesBrightView Holdings, Inc. (NYSE:BV) recently reported divestitures at double digit EBITDA multiple, and announced cash re-investments that may bring operating margin growth. Furthermore, recent decreases in the net debt/EBITDA ratio and new announcements with regard to new M&A growth make BV a buy. Even considering risks from the total amount of debt obligations, goodwill impairments, or changes in the environmental regulations, BV does trade undervalued. BrightView’s Bus ...
BrightView Holdings: Business Realignment Can Unlock Value
Seeking Alpha· 2024-02-07 09:21
welcomia/iStock via Getty Images BV Has Upside Despite The Challenges I have previously discussed BrightView Holdings (NYSE:BV), and you can read the latest article here. As discussed in my previous iteration, the company will continue looking for profitability improvement. However, it will look to refine its approach at the start of Q2. It realigned the business by integrating the tree and golf services into core maintenance branches while divesting the non-core U.S. Lawns franchisee. The sale proceed ...
BrightView(BV) - 2024 Q1 - Earnings Call Transcript
2024-02-01 19:45
Operator [Operator Instructions] Steffen [Meister], Jefferies. Unidentified Analyst Hello. This is [indiscernible]. And yes, so developments are some particular strength in the business, but just wanted to get an idea of what are some of the drivers of the strength in the development business this year? And how do you expect this to be carried over throughout the rest of the year? Dale Asplund So Harold, I think I think it was Harold, you broke up a little bit, but our development business obviously has bee ...
EverSmith Brands Acquires U.S. Lawns, Expanding Its Landscaping Portfolio
Prnewswire· 2024-02-01 15:00
CHARLOTTE, N.C., Feb. 1, 2024 /PRNewswire/ -- Today EverSmith Brands announced the acquisition of U.S. Lawns, a franchised provider of commercial landscaping and snow removal services for U.S. commercial properties. This investment is the latest add-on to EverSmith Brands' portfolio of B2B service-based franchise companies.U.S. Lawns was acquired from BrightView Holdings, Inc. (NYSE: BV), a leading commercial landscaping services company in the United States. EverSmith Brands Acquires U.S. Lawns Post thi ...
Compared to Estimates, BrightView (BV) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-01 00:30
BrightView Holdings (BV) reported $626.7 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 4.5%. EPS of $0.02 for the same period compares to -$0.01 a year ago.The reported revenue represents a surprise of -3.74% over the Zacks Consensus Estimate of $651.07 million. With the consensus EPS estimate being $0.05, the EPS surprise was -60.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...