BrightView Holdings (BV) Misses Q3 EPS by 1c

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Go back to BrightView Holdings (BV) Misses Q3 EPS by 1c

BrightView Reports Third Quarter Fiscal 2019 Results

August 7, 2019 6:30 AM EDT

Total revenue reached $657.2 million, up 4.3% versus the prior year period, which included 1% growth in the underlying Commercial Landscaping services revenue

GAAP Net Income of $31.7 million, or $0.31 per share, Adjusted EBITDA of $101.9 million and Adjusted Net Income of $47.0 million, or $0.46 per share

Adjusted EBITDA exceeded $100 million in a quarter for the first time in the Companys history

The Company expects full year fiscal 2019 results to be near the low end of the previously issued guidance for both Total Revenue and Adjusted EBITDA of $2.4 billion and $310 million, respectively

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