secwatch.observer — SEC 8-K summary
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Issuer:     BrightView Holdings, Inc. (BV)
CIK:        0001734713
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000950170-24-051299
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightView Q2 revenue +3.5% to $673M, net income up 253%, raises FY free cash flow guidance
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- Revenue $672.9M (+3.5% YoY); net income $33.7M (+253% YoY) with 840bps margin expansion.
- Adjusted EBITDA $64.8M (+38.5% YoY); adjusted EBITDA margin +240bps.
- Year-to-date free cash flow $89.4M, up $73.5M; FY free cash flow guidance raised to $55-75M.
- FY revenue guidance lowered to $2.74-2.80B (from $2.825-2.975B); EBITDA midpoint reaffirmed at $315-335M.
- Recorded $43.9M gain on divestiture of non-core U.S. Lawns business.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734713/000095017024051299/0000950170-24-051299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734713/000095017024051299/bv-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-051299

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