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.
BrightView Holdings Inc (BV) provides investors and stakeholders with timely updates through this dedicated news hub for commercial landscaping industry developments. Track official press releases, financial disclosures, and strategic announcements from North America's leading provider of integrated landscape services.
This resource consolidates essential information about BV's Maintenance Services operations and Development Services projects, including contract awards, sustainability initiatives, and leadership updates. Users gain access to earnings reports, regulatory filings, and market expansion news critical for informed decision-making.
The curated collection features updates across key operational areas: Quarterly financial performance, major client acquisitions, service expansion announcements, and industry recognition. Content is maintained to reflect BrightView's position in commercial landscaping markets while adhering to financial disclosure standards.
For consistent monitoring of BrightView's business trajectory, bookmark this page or check regularly for updates. All content is sourced from company-approved communications and verified financial channels to ensure reliability.
BrightView Holdings, Inc. (NYSE: BV) will host its second quarter fiscal year 2023 earnings conference call on May 4, 2023, at 10 a.m. EST. A detailed press release regarding the financial results will be released ahead of the call. Participants can join via the United States dial-in number (888) 396-8049 or international number +1 (416) 764 8646 using the access code 96919339. Additionally, a webcast will be available, and recordings can be accessed until May 11, 2023. BrightView is recognized as the largest commercial landscaper in the U.S., providing extensive landscaping and snow removal services across various sectors. The call will feature CEO Andrew Masterman and CFO Brett Urban. More information is accessible on the Company’s investor website.
BrightView reported total revenue of $655.9 million for Q1 fiscal 2023, marking a 10.8% year-over-year growth, driven by 5.5% organic growth. Maintenance organic revenue grew 1.5%, while development organic revenue increased 5.9%. However, the company reported a net loss of $18.9 million, compared to a net loss of $12.8 million in the prior year, indicating a 70-basis point increase in loss margin. Adjusted EBITDA rose 14.1% to $48.6 million, with an expanding margin of 7.4%. Looking ahead, the company projects Q2 total revenue between $610 million and $650 million, with adjusted EBITDA of $33 million to $43 million.
BrightView (NYSE: BV), a top commercial landscaping services company, has acquired Island Plant Company, a leading resort and condominium landscaping firm in Maui, Hawaii. The transaction details remain undisclosed. Established in 1986, Island Plant Company specializes in landscape maintenance and design services across Maui's premier properties. This acquisition aligns with BrightView's growth strategy in Hawaii, following previous acquisitions in the region. Andrew Masterman, BrightView's CEO, emphasized the acquisition's strategic importance in expanding their market presence and enhancing operational capabilities. The merger is expected to leverage Island Plant's local expertise.
FAQ
What is the current stock price of Brightview Holdings (BV)?
What is the market cap of Brightview Holdings (BV)?
