earnings
confidence high
sentiment positive
materiality 0.65
BrightView Q3 net income up 40% to $23.5M; raises FY free cash flow guidance
BrightView Holdings, Inc.
2024-Q3 EPS reported
$0.09
revenue$2,038,400,000
- Revenue $738.8M, down 3.6% YoY; net income $23.5M, up 39.9%; net income margin +100 bps.
- Adjusted EBITDA $107.9M, up 6% YoY; adjusted EBITDA margin +130 bps.
- FY revenue guidance reaffirmed at $2.75B-$2.79B; adjusted EBITDA reaffirmed at $320M-$330M.
- FY free cash flow guidance raised to $65-80M (from $55-75M); refinanced term loan and AR facility.