secwatch.observer — SEC 8-K summary
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Issuer:     BrightView Holdings, Inc. (BV)
CIK:        0001734713
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0000950170-24-009422
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightView Q1 revenue down 4.5% to $626.7M, net loss improves 13.2%, reaffirms FY2024 guidance
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- Revenue $626.7M, down 4.5% YoY; net loss improved 13.2% to $16.4M from $18.9M.
- Adjusted EBITDA $46.7M (down 3.9% YoY); margin expanded 10 bps to 7.5%.
- Year-to-date free cash inflow $17.3M, a $72.7M improvement vs prior-year outflow of $55.4M.
- Sold non-core US Lawns franchise for $51.6M cash in January 2024.
- Reaffirms FY2024 guidance: revenue $2.825-2.975B, adj. EBITDA $310-340M, FCF $45-75M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734713/000095017024009422/0000950170-24-009422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734713/000095017024009422/bv-20240131.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-009422

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer