Highest-materiality recent filing
BrightView Q2 revenue up 6.1% to $702.9M; record Adj. EBITDA $79.1M; raises FY revenue guidance
Net service revenues $702.9M, up 6.1% YoY; land maintenance revenue grew 4.0% (first YoY increase since Q3 2023).
BrightView shareholders elect directors and ratify Deloitte as auditor at 2026 annual meeting
Elected common directors: Abrahamson, Asplund, Bomba, Cornog, Lopez, Raether, Swan; votes for ranged 109M-132M.
BrightView Q1 revenue up 2.6% to $614.7M; Adj. EBITDA up 2.7% to $53.5M; reaffirms FY2026 guidance
Net service revenues $614.7M (+2.6% YoY); net loss $15.2M (expanded $4.8M YoY).
Q4 net income $27.7M (+8.2% YoY); revenue $702.8M (-3.6%) driven by declines in Maintenance and Development Services.
BrightView Q3 FY2025: Revenue down 4.1% to $708.3M; net income up to $32.3M; reaffirms FY guidance
Net service revenues decreased 4.1% YoY to $708.3M; net income rose $8.8M to $32.3M; margin +140 bps.
BrightView lowers FY2025 revenue guidance to $2.68-2.73B; raises Adj. FCF outlook to $60-75M
Revenue guidance cut from $2.75-2.84B to $2.68-2.73B, citing macro delays and reduced discretionary spend.
KKR sells 11.6M BrightView shares at $14.40 in secondary offering; company receives no proceeds
Selling stockholder KKR BrightView Aggregator L.P. sold 11,600,000 shares at $14.40 per share.
BrightView Q2 revenue down 1.5% but record adjusted EBITDA; raises FY2025 guidance
Net service revenues $662.6M (-1.5% YoY); net income $6.4M (down $27.3M incl $43.9M prior-year divestiture gain).
BrightView shareholders elect directors, ratify auditor, approve say-on-pay every 3 years
All 7 common-stock director nominees elected; broker non-votes of ~4.6M shares on each.
BrightView Q1 revenue down 4.4% but Adj. EBITDA up 11.6%; reaffirms FY2025 guidance
Revenue $599.2M (-4.4% YoY) driven by strategic reduction of non-core businesses, partially offset by core growth.
BrightView reprices $738M term loan; saves ~$7.5M annually on interest
Amendment No. 9 reduces margin on Term SOFR loans from 2.50% to 2.00%.
BrightView posts record Q4 Adj. EBITDA of $105.2M; guides FY2025 revenue $2.75-2.84B
Q4 revenue $728.7M (-2% YoY); net income $25.6M (+56.1% YoY).
BrightView Q3 net income up 40% to $23.5M; raises FY free cash flow guidance
Revenue $738.8M, down 3.6% YoY; net income $23.5M, up 39.9%; net income margin +100 bps.
BrightView board member Richard Roedel resigns effective Dec 31, 2024 due to health reasons
Richard W. Roedel notified BrightView Holdings on July 17, 2024 of his resignation from the Board, effective December 31, 2024.
BrightView expands receivables facility to $325M, extends maturity to June 2027
Facility size increased from $275M to $325M; accordion feature allows up to $100M additional increase.
BrightView reprices $738M term loan, cuts margin by 50-75 bps, annual savings ~$3.7M
Repriced $738M senior secured term loan due 2029; rate reduced to Term SOFR + 2.50% from 3.00%-3.25%.
BrightView's KKR stockholder sells 17.5M shares at $12.48 in secondary offering
Underwriting agreement entered May 20, 2024; offering closed May 23, 2024.
BrightView Q2 revenue +3.5% to $673M, net income up 253%, raises FY free cash flow guidance
Revenue $672.9M (+3.5% YoY); net income $33.7M (+253% YoY) with 840bps margin expansion.
BrightView shareholders elect directors, approve equity plan amendments at 2024 meeting
All director nominees elected with >95% votes for; Series A preferred holders elected Barker and Goldman.
BrightView President Jamie Gollotto steps down, enters separation agreement
Jamie C. Gollotto, President, Seasonal (Maintenance Services), ended executive role on Feb 19, 2024.
BrightView Holdings President of Seasonal Services Jamie Gollotto steps down as executive officer
Jamie C. Gollotto's employment as President, Seasonal (Maintenance Services) ended February 19, 2024.
BrightView Q1 revenue down 4.5% to $626.7M, net loss improves 13.2%, reaffirms FY2024 guidance
Revenue $626.7M, down 4.5% YoY; net loss improved 13.2% to $16.4M from $18.9M.
President of Development Services Thomas C. Donnelly departs BrightView effective Jan 17, 2024
Thomas C. Donnelly's employment as President, Development Services ended January 17, 2024.
On July 17, 2024, Richard W. Roedel informed BrightView Holdings, Inc. (the “Company”) that he was resigning from the Company’s Board of Directors (the “Board”), effective December 31, 2024.
As previously disclosed, the Company announced on February 23, 2024, that the employment as an executive officer of Jamie C. Gollotto, President, Seasonal (Maintenance Services), ended effective at the close of business on February 19, 2024
On February 19, 2024, the employment as an executive officer of BrightView Holdings, Inc. (the “Company”) of Jamie C. Gollotto, President, Seasonal (Maintenance Services), ended.
Max materiality 0.80 · Median 0.65 · Most common event earnings