BrightView Holdings (BV) Misses Q1 EPS by 3c

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BrightView Reports First Quarter Fiscal 2022 Results

February 3, 2022 6:00 AM EST

Total revenue of $591.8 million compared to prior year of $554.4 million, an increase of $37.4 million, or 6.7%. Maintenance Land organic revenue growth of 7.3% from the prior year. Maintenance Snow revenue of $36.0 million compared to the prior year of $55.8 million. Net Loss of $12.8 million compared to prior year Net Loss of $12.0 million, Net Loss Margin of 2.2%, flat to prior year.

Adjusted EBITDA of $42.6 million compared to prior year of $52.4 million. Provides second quarter fiscal 2022 guidance of $620 million to $680 million in Total Revenue and $50 million to $60 million in Adjusted... More