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 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 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 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'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 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.
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