BrightView Reports First Quarter Fiscal 2020 Results, Reaffirms Full Year Fiscal 2020 Guidance

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BrightView Holdings (BV) Tops Q1 EPS by 1c, Revenues Beat; Reaffirms FY20 Revenue Guidance

February 6, 2020 6:13 AM EST

BrightView Holdings (NYSE: BV) reported Q1 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $570.7 million versus the consensus estimate of $548.36 million.

First Quarter Fiscal 2020 Highlights

Total Revenues for the quarter were $570.7 million, an 8.5% increase versus the prior year, with 6.7% higher Maintenance Services Segment revenues and 13.7% higher Development Services Segment revenues;Net Loss of $12.6 million, or $(0.12) per share, and a net loss... More