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BrightView Holdings, Inc. - $BV STOCK NEWS

Welcome to our dedicated page for BrightView Holdings news (Ticker: $BV), a resource for investors and traders seeking the latest updates and insights on BrightView Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BrightView Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BrightView Holdings's position in the market.

Rhea-AI Summary

BrightView Holdings, Inc. (NYSE: BV) reported strong second-quarter fiscal 2024 results with a 3.5% year-over-year revenue increase to $672.9 million, a 253% net income growth to $33.7 million, and an 840 basis points net income margin expansion. The company also raised its Free Cash Flow and Margin guidance for fiscal year 2024, while reaffirming its EBITDA guidance. BrightView continues to focus on profitable growth, customer service, and operational enhancements.

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11.27%
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Rhea-AI Summary
BrightView Holdings, Inc. (NYSE: BV) will release its earnings results for the second quarter fiscal year 2024 on May 1, 2024, followed by a conference call on May 2, 2024. The call will be hosted by President and CEO Dale Asplund and CFO Brett Urban.
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-2.52%
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BrightView (BV) partners with Red Wing Shoes to prioritize workplace safety by equipping 18,000 team members with high-quality footwear. The strategic partnership underscores BrightView's commitment to employee well-being and safety, ensuring a safe and productive work environment.
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2.43%
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partnership
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BrightView Holdings, Inc. (BV) declared a cash dividend of $8.91 million on its Series A Preferred Stock for the period from December 31, 2023, to March 30, 2024. The dividend will be paid on April 1, 2024. BrightView also entered into an investment agreement with One Rock Capital Partners, LLC, issuing 500,000 shares of Series A Convertible Preferred Stock for $500 million.
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BrightView Holdings, Inc. (NYSE: BV) will participate in investor events like Craig-Hallum Capital Group Fireside Chat and Jefferies Business Services Summit. They have updated their investor presentation for upcoming conferences.
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1.22%
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EverSmith Brands announced the acquisition of U.S. Lawns, a franchised provider of commercial landscaping and snow removal services for U.S. commercial properties. The investment expands EverSmith Brands' portfolio of B2B service-based franchise companies. U.S. Lawns has over 200 locations operating across 35 states and brings a strong reputation and decades of experience in providing landscape and snow management services. The acquisition is aligned with the vision for growth and innovation and is expected to accelerate the growth and add value to the lives of franchisees, employees, and customers. The acquisition brings together two of the largest and most experienced industry powerhouses in outdoor property care services.
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BrightView Holdings, Inc. (BV) reported unaudited results for the first quarter ended December 31, 2023. Total revenue decreased 4.5% year-over-year to $626.7 million. Net loss decreased 13.2% year-over-year to $16.4 million. Adjusted EBITDA decreased 3.9% to $46.7 million. Year-to-date net cash provided by operating activities increased to $26.2 million. Strategic sale of non-core US Lawns franchise business in January for cash proceeds of $51.6 million. The company reaffirms fiscal year 2024 guidance for total revenue, adjusted EBITDA, and free cash flow.
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-1.01%
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BrightView (BV) has released its 2024 Corporate Responsibility Report, emphasizing its commitment to environmental stewardship, social responsibility, and corporate governance. The report highlights progress in environmental initiatives, including reducing greenhouse gas emissions and diversifying the workforce. The company also focused on social initiatives, such as maintaining a low injury rate and supporting team members in critical situations. The report also outlines governance measures, including Board oversight and independence. BrightView remains committed to transparency and continuous improvement.
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1.02%
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Rhea-AI Summary
BrightView Holdings, Inc. (BV) will release its first quarter fiscal year 2024 earnings results on January 31, 2024, followed by a conference call on February 1, 2024. The call will be hosted by President and CEO Dale Asplund and CFO Brett Urban. Access details for the call and webcast are provided in the press release.
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0.12%
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Rhea-AI Summary
BrightView Holdings, Inc. (NYSE: BV) reported a 2.8% increase in total revenue to a record $743.7 million in the fourth quarter. Net income rose by 7.2% to $16.4 million, and adjusted EBITDA increased by 11.3% to $101.6 million. The company also provided fiscal year 2024 guidance, expecting total revenue of $2.825 - $2.975 million and adjusted EBITDA of $310 - $340 million.
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BrightView Holdings, Inc.

NYSE:BV

BV Rankings

BV Stock Data

1.18B
40.04M
2.44%
93.46%
1.35%
Landscaping Services
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
BLUE BELL

About BV

brightview takes pride in providing the highest-quality landscape and snow services with a worry-free, dependable service commitment. as the nation’s leading landscape services company, our more than 20,000 team members consistently bring excellent landscapes to life at thousands of clients’ properties, fostering collaborative relationships to drive clients’ success. with comprehensive capabilities serving the entire lifecycle of a property’s landscape, brightview is a single-source solution for its client’s landscape needs. from design, to development, maintenance and enhancements, brightview is considered a trusted partner for properties spanning a wide variety of industries, including housing communities, corporate campuses, healthcare facilities, universities, retail establishments, resorts, and more. in 2014, brickman and valleycrest combined to form brightview, uniting under the shared belief that caring for our team members and our clients should always be at the heart of what w