Brightview Holdings Inc is a leading provider of landscape services in the United States, specializing in commercial landscaping and maintenance
The company offers a broad range of services, including landscape design, installation, and maintenance, as well as irrigation and tree care. By focusing on enhancing the natural beauty of outdoor spaces, Brightview serves a diverse clientele, including municipalities, commercial properties, and residential communities. The company's commitment to sustainability and customer service positions it as a trusted partner in transforming and maintaining quality landscapes across the country.
BrightView Holdings, Inc. (NYSEBV) today announced that it has successfully completed a repricing of its $738,000,000 senior secured term loan due 2029. The repricing reduces the applicable interest rate on the Term Loan to Term SOFR plus 2.00%, down from the previous Term SOFR plus 2.50%. All other terms remain substantially unchanged. Coupled with the repricing from May 2024, the Company estimates that repricing the Term Loan will produce cash interest expense savings of approximately $7.5 million annually and approximately $35 million through maturity.
BrightView Holdings, Inc. (NYSEBV) will release its earnings results for the first quarter fiscal year 2025 after the market closes on Wednesday, February 5, 2025. BrightView will hold a conference call to discuss its results the following morning, Thursday, February 6, 2025, at 8:30 a.m. EST. Instructions to join the conference call are provided below:
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how environmental and facilities services stocks fared in Q3, starting with BrightView (NYSEBV).
BrightView Holdings, Inc. (NYSEBV), the leading commercial landscaping services company in the United States, today announced that members of its management team, including Dale Asplund, President and Chief Executive Officer, and Brett Urban, Executive Vice President, Chief Financial Officer, will participate in the following investor conference:
Over the past six months, BrightView has been a great trade, beating the S&P 500 by 17.9%. Its stock price has climbed to $15.99, representing a healthy 25.4% increase. This run-up might have investors contemplating their next move.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the environmental and facilities services industry, including Rollins (NYSEROL) and its peers.
Diversified industrial and facilities services company ABM Industries (NYSEABM)
will be reporting earnings tomorrow before the bell. Here’s what you need to know.
BrightView Holdings, Inc. (NYSEBV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $9.0 million on its Series A Preferred Stock. The dividend represents payment for the period from September 30, 2024 to December 30, 2024, and will be paid on January 2, 2025 to holders of record as of December 15, 2024. Today’s dividend announcement marks the fourth consecutive quarterly cash payment made possible by the Company’s continued balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.
BrightView Holdings, Inc. (NYSEBV), the leading commercial landscaping services company in the United States, will host an Investor Day in New York City on Wednesday, February 19, 2025.
Shares of landscaping service company BrightView (NYSEBV)
fell 14.6% in the afternoon session after the company reported underwhelming third-quarter results. Sales narrowly topped analysts' revenue expectations, and its Maintenance revenue missed. The weak sales were mostly attributed to a shortfall in commercial landscape services and reductions in non-core businesses and ancillary services. In addition, its EPS fell short of Wall Street's estimates. Guidance was also mixed. Full-year revenue guidance was in line while full-year EBITDA guidance missed. Overall, this was a challenging quarter.
Landscaping service company BrightView (NYSEBV) announced better-than-expected revenue in Q3 CY2024, but sales fell 2% year on year to $728.7 million. The company expects the full year’s revenue to be around $2.80 billion, close to analysts’ estimates. Its non-GAAP profit of $0.30 per share was 1.8% below analysts’ consensus estimates.
BrightView Holdings, Inc. (NYSEBV) (the “Company” or “BrightView”), the leading commercial landscaping services company in the United States, today reported unaudited results for the three months and full fiscal year ended September 30, 2024.
BrightView Holdings, Inc. (NYSEBV), the leading commercial landscaping services company in the United States, today announced that members of its management team, including Dale Asplund, President and Chief Executive Officer, and Brett Urban, Executive Vice President, Chief Financial Officer, will participate in the following investor conference:
BrightView Holdings, Inc. (NYSEBV) will release its earnings results for the fourth quarter and fiscal year 2024 after the market closes on Wednesday, November 13, 2024. BrightView will hold a conference call to discuss its results the following morning, Thursday, November 14, 2024, at 8:30 a.m. EST. Instructions to join the conference call are provided below:
In a powerful show of solidarity, BrightView (NYSEBV), the nation’s leading commercial landscaping company, is providing all 21,000 team members across the country with specially designed pink hats to wear throughout October in honor of Breast Cancer Awareness Month. This initiative not only equips BrightView’s teams, but also sends a bold, visible message of hope and support as employees work in communities nationwide.
BrightView Holdings, Inc. (NYSEBV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $9.0 million on its Series A Preferred Stock. The dividend represents payment for the period from June 30, 2024 to September 29, 2024, and will be paid on October 1, 2024 to holders of record as of September 15, 2024. Today’s dividend announcement marks the third consecutive quarterly cash payment made possible by the Company’s balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.
