BrightView Q3 revenue up 2.5% to $766M; net income +55.6% to $16.8M

BrightView Holdings, Inc.

2023-Q3 EPS reported -$0.26 revenue$2,072,300,000

Revenue $766M (+2.5% YoY); net income $16.8M (+55.6% YoY, 80bp margin expansion).
Adjusted EBITDA $101.8M (+8.0% YoY); margin expanded 70bp.
YTD operating cash flow $89.3M (+35.9%); free cash flow $38.2M vs -$17.0M prior year.
Guides Q4 revenue $730-$750M, Adj. EBITDA $98-$102M; FY revenue $2.80-$2.82B, Adj. EBITDA $295-$300M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BrightView Holdings, Inc. reported the quarter ended June 30, 2023 results: revenue $766.0 million, net income $16.8 million. Guidance reaffirmed.

Period: the quarter ended June 30, 2023
Revenue: $766.0 million
Net income: $16.8 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 BRIGHTVIEW REPORTS THIRD QUARTER FISCAL 2023 RESULTS • Total revenue increased 2.5% year-over-year to $766.0 million. • Net income increased 55.6% year-over-year to $16.8 million; reflects 80-basis point expansion in Net income margin. • Adjusted EBITDA increased 8.0% to $101.8 million;

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Source: SEC EDGAR

accession 0000950170-23-037537

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