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An update from BrightView Holdings ( (BV) ) is now available.
BrightView Holdings, a leader in U.S. commercial landscaping, announced a notable fiscal 2024 performance, despite a slight 2.0% revenue dip in the fourth quarter to $728.7 million. The company reported a 56.1% surge in net income to $25.6 million, and a record fourth quarter Adjusted EBITDA of $105.2 million, reflecting a 3.5% increase. BrightView’s outlook for fiscal 2025 is optimistic, projecting revenue growth between $2.750 – $2.840 billion and Adjusted EBITDA between $335 – $355 million, signaling continued transformation and value creation under its ‘One BrightView’ strategy.
Learn more about BV stock on TipRanks’ Stock Analysis page.