BrightView Holdings (BV) Reports Q2 Loss of $0.02/Share

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Go back to BrightView Holdings (BV) Reports Q2 Loss of $0.02/Share

BrightView Reports Strong Third Quarter Fiscal 2018 Results and Record Revenues

August 8, 2018 4:30 PM EDT

Third Fiscal Quarter Highlights

Record revenues of $630.3 million for the third fiscal quarter, up 0.4% from the prior year period: 2.9% increase in Maintenance Services; 5.7% decline in Development Services due to revenues from certain large projects in the prior year. Revenues for the nine months ended June 30, 2018 increased 6.8% from the prior year period to $1,771.8 million. Net loss of $1.4 million for the third fiscal quarter; Adjusted EBITDA of $97.8 million for the third fiscal quarter; Adjusted Net Income of $33.2 million for the third fiscal quarter. Net... More