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0 0 -0.0222419928825623 -0.0222419928825623 -0.0186832740213522 -0.0186832740213522 0.00266903914590757 0.00266903914590757
Stock impact report

BrightView Reports Second Quarter Fiscal 2024 Results, Reaffirms Midpoint 2024 EBITDA Guidance and Raises Free Cash Flow and Margin Guidance

BrightView Holdings, Inc. (BV) 
Last brightview holdings, inc. earnings: 2/6 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.bazaarvoice.com
Company Research Source: Business Wire
BLUE BELL, Pa.--(BUSINESS WIRE)--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 SUMMARYTotal 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,Adjusted EBITDA2 increased 38.5% year-over-year to $64.8 million, Adjusted EBITDA margin2 expansion of 240 basis points,Year-to-date Net cash provided by operating activities of $109.5 million, an increase of $54.5 million,Year-to-date free cash flow2 of $89.4 million, an increase of $73.5 million,Recorded $43.9 million gain on divestiture of non-core U.S. Lawns Business.COMPANY UPDATES FISCAL YEAR 2024 GUIDANCE1 Prior GuidanceUpdated GuidanceTotal Revenue$2.825 - $2.975 billion$2.740 - $2.800 billionAdjusted EBITDA2$310 - $340 mill Show less Read more
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