BrightView Holdings (BV) Misses Q3 EPS by 5c; Offers FY22 Revenue Guidance

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BrightView Reports Third Quarter Fiscal 2022 Results

August 4, 2022 6:15 AM EDT

Total revenue of $747.4 million, reflects year-over-year growth of 11.0%, including 5.6% total organic growth. Maintenance organic revenue growth of 3.1%, fifth consecutive quarter of land organic growth. Development organic revenue growth of 14%, reflecting solid recovery. Net Income of $10.8 million compared to prior year Net Income of $25.2 million. Adjusted EBITDA of $94.3 million compared to prior year of $93.6 million. Earnings Per Share of $0.12 compared to the prior year of $0.24. Adjusted Earnings Per Share of $0.43 compared to the prior year of $0.44.

Company Updates Fourth Quarter... More