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BrightView(BV) - 2025 Q2 - Earnings Call Transcript
2025-05-08 13:30
BrightView (BV) Q2 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Day, everyone, and welcome to today's BrightView Earnings Call. At this time, all participants are in a listen only mode. Later, you will have the opportunity to ask questions during the question and answer session. Please note this call may be recorded. I will be standing by if you should need any assistance. It is now my pleasure to turn the conference over to Mr. Chris Stosco, Vice President of Finance and Investor Relations. Please ...
BrightView (BV) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-08 01:00
BrightView Holdings (BV) reported $662.6 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 1.5%. EPS of $0.14 for the same period compares to $0.11 a year ago. The reported revenue represents a surprise of +2.68% over the Zacks Consensus Estimate of $645.33 million. With the consensus EPS estimate being $0.12, the EPS surprise was +16.67%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...
BrightView Holdings (BV) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-05-08 00:25
BrightView Holdings (BV) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this investment company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.Over the last four quarters, the comp ...
BrightView(BV) - 2025 Q2 - Earnings Call Presentation
2025-05-07 22:18
Second Quarter Fiscal 2025 | Earnings Call May 8, 2025 NYSE: BV Introductory Information 2Q FY2025 Earnings Presentation | 2 Introductory Information (con't.) Executive Summary Dale Asplund | President & Chief Executive Officer 2Q FY2025 Earnings Presentation | 4 Key Highlights & Strategic Priorities Raising FY25 Adjusted EBITDA, Margin & Free Cash Flow Guidance Business Update 2Q FY2025 Earnings Presentation | 3 Delivered record EBITDA and margin with margin expansion of +150bps Resilient business model po ...
BrightView(BV) - 2025 Q2 - Quarterly Results
2025-05-07 20:14
Exhibit 99.1 BRIGHTVIEW POSTS SECOND QUARTER FISCAL 2025 EARNINGS WITH RECORD ADJUSTED EBITDA AND RAISES FULL YEAR GUIDANCE BLUE BELL, PA, May 7, 2025 -- BrightView Holdings, Inc. (NYSE: BV) (the "Company" or "BrightView"), the leading commercial landscaping services company in the United States, today reported unaudited results for the second quarter ended March 31, 2025. SECOND QUARTER FISCAL 2025 SUMMARY COMPANY UPDATES FISCAL YEAR 2025 GUIDANCE 1 | | Prior Guidance | Updated Guidance | | --- | --- | --- ...
BrightView(BV) - 2025 Q2 - Quarterly Report
2025-05-07 20:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38579 BrightView Holdings, Inc. (Exact name of Registrant as specified in its Charter) Delaware 46-4190788 ( State or other jur ...
BrightView(BV) - 2025 Q1 - Earnings Call Presentation
2025-02-06 21:32
1Q FY2025 Earnings Presentation | 2 First Quarter Fiscal 2025 | Earnings Call February 6, 2025 NYSE: BV Introductory Information Introductory Information (continued) 1Q FY2025 Earnings Presentation | 3 Executive Summary Dale Asplund | President & Chief Executive Officer 1Q FY2025 Earnings Presentation | 4 Key Highlights Continue to embrace a unified One BrightView culture One BrightView Transformation Progressing – Reiterating FY25 Guidance Delivered double-digit EBITDA growth and expanded margins by 120 bp ...
BrightView(BV) - 2025 Q1 - Earnings Call Transcript
2025-02-06 20:22
BrightView Holdings, Inc. (NYSE:BV) Q1 2025 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Chris Stoczko - Vice President of Finance and Investor Relations Dale Asplund - President and Chief Executive Officer Brett Urban - Chief Financial Officer Conference Call Participants Tim Mulrooney - William Blair Bob Labick - CJS Securities Greg Palm - Craig-Hallum Capital Group Jeffrey Stevenson - Loop Capital George Tong - Goldman Sachs Andy Wittmann - Baird Harold Antor - Jefferies Alex ...
BrightView Holdings (BV) Q1 Earnings Meet Estimates
ZACKS· 2025-02-06 00:10
BrightView Holdings (BV) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this investment company would post earnings of $0.31 per share when it actually produced earnings of $0.30, delivering a surprise of -3.23%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.BrightView, which ...
BrightView(BV) - 2025 Q1 - Quarterly Results
2025-02-05 21:22
Revenue Performance - Total revenue for Q1 fiscal 2025 decreased 4.4% year-over-year to $599.2 million, impacted by a $25.7 million decrease in commercial landscaping and a $7.3 million decrease in snow removal revenue [4]. - Net service revenues decreased to $599.2 million in Q4 2024 from $626.7 million in Q4 2023, representing a decline of approximately 4.5% [33]. - Development services revenue increased 3.5% year-over-year to $191.8 million, driven by higher project volumes [11]. Profitability Metrics - Net loss improved 36.6% year-over-year to $10.4 million, reflecting a 90-basis point increase in net loss margin to 1.7% [4]. - Gross profit for the quarter was $126.8 million, down from $133.8 million year-over-year, indicating a decrease of about 5.2% [33]. - Adjusted EBITDA increased 11.6% to $52.1 million, with an adjusted EBITDA margin expansion of approximately 120 basis points to 8.7% [4]. - Adjusted EBITDA increased to $52.1 million in Q4 2024, compared to $46.7 million in Q4 2023, reflecting a growth of approximately 9.6% [41]. - The net loss attributable to common stockholders improved to $19.4 million in Q4 2024 from $25.3 million in Q4 2023, a reduction of about 23.2% [33]. - Adjusted earnings per share improved to $0.04 in Q4 2024, compared to $0.02 in Q4 2023, reflecting a growth of 100% [41]. Cash Flow and Capital Expenditures - Year-to-date net cash provided by operating activities increased 130.9% to $60.5 million, up from $26.2 million in the prior year [14]. - Adjusted free cash flow decreased 74.6% to $4.4 million, down from $17.3 million in the prior year due to increased capital expenditures [15]. - Capital expenditures for Q1 fiscal 2025 were $58.7 million, significantly up from $10.1 million in the prior year, reflecting a 481.2% increase [15]. - Capital expenditures rose significantly to $58.7 million in Q4 2024, compared to $10.1 million in Q4 2023, marking an increase of approximately 480.2% [35]. - Cash flows provided by operating activities were $60.5 million in Q4 2024, up from $26.2 million in Q4 2023, representing an increase of about 130.5% [41]. Debt and Financial Position - Total financial debt as of December 31, 2024, was $864.4 million, a decrease from $877.3 million as of September 30, 2024 [16]. - Total net financial debt increased to $766.1 million, up $29.2 million from $736.9 million as of September 30, 2024 [16]. - Total net financial debt decreased to $766.1 million as of December 31, 2024, from $859.6 million a year earlier, a reduction of approximately 11% [47]. - The company reported a total financial debt of $864.4 million as of December 31, 2024, down from $924.1 million a year earlier, a decrease of about 6.5% [47]. - Long-term debt, net, slightly decreased from $802.5 million to $796.5 million, a decrease of approximately 0.5% [31]. - Total current liabilities decreased from $543.3 million to $479.3 million, a reduction of about 11.8% [31]. - Total assets decreased from $3,391.8 million as of September 30, 2024, to $3,307.6 million as of December 31, 2024, representing a decline of approximately 2.5% [31]. - Total stockholders' equity decreased from $1,275.3 million to $1,265.5 million, a decline of about 0.8% [31]. Guidance and Definitions - The company reaffirmed fiscal year 2025 guidance with total revenue expected between $2.750 billion and $2.840 billion and adjusted EBITDA between $335 million and $355 million [3]. - Adjusted EBITDA is defined as net income before interest, taxes, depreciation, and amortization, adjusted for certain non-cash and non-recurring items [23]. - Adjusted Free Cash Flow is defined as cash flows from operating activities less capital expenditures, net of proceeds from the sale of property and equipment [26]. - Total Net Financial Debt to Adjusted EBITDA ratio is calculated as Total Net Financial Debt divided by the trailing twelve-month Adjusted EBITDA [27]. - The company utilizes non-GAAP financial measures to provide a clearer understanding of its operating performance and financial position [22].