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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.

BrightView Holdings, Inc. (NYSE: BV) is the United States' leading commercial landscaping services provider. With over 20,000 dedicated team members, BrightView offers a comprehensive suite of landscaping and snow services, ensuring high-quality, dependable solutions for thousands of clients nationwide.

From initial design to ongoing maintenance and enhancements, BrightView serves the entire lifecycle of a property’s landscape. The company operates through two primary segments: Maintenance Services and Development Services. Maintenance Services, which generate the majority of the company's revenue, are self-performed through a national branch network and are route-based, providing consistent, reliable care. Development Services focus on the sophisticated design, coordination, and installation of landscapes at high-profile corporate, athletic, and university complexes.

Since its formation in 2014, through the merger of Brickman and ValleyCrest, BrightView has been a trusted partner across various industries, including housing communities, corporate campuses, healthcare facilities, universities, retail establishments, and resorts. The company prides itself on fostering collaborative relationships with clients to drive mutual success.

BrightView is committed to delivering exceptional landscapes through its extensive capabilities, making it a single-source solution for landscape needs. The company's recent projects and achievements underscore its dedication to quality and client satisfaction.

  • Recent News: BrightView recently sold U.S. Lawns, a franchised provider of commercial landscaping and snow removal services, to EverSmith Brands. This strategic move allows BrightView to focus more on its core operations while U.S. Lawns continues to grow under new ownership.

BrightView remains dedicated to innovative growth and excellence in the landscaping industry, leveraging its comprehensive services and experienced team to meet and exceed client expectations.

News

BrightView Announces Upcoming Investor Conference Schedule

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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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EverSmith Brands Acquires U.S. Lawns, Expanding Its Landscaping Portfolio

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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 Reports First Quarter Fiscal 2024 Results, Reaffirms 2024 Guidance and Announces Sale of Non-Core Business

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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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BrightView Publishes 2024 Corporate Responsibility Report

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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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BrightView Holdings, Inc. Announces First Quarter Fiscal Year 2024 Earnings Release Date, Conference Call and Webcast

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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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BrightView Reports Fourth Quarter and Full Year Fiscal 2023 Results

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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. Announces Fourth Quarter and Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast

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BrightView Holdings, Inc. (NYSE: BV) will hold its Q4 and FY2023 earnings conference call on November 16, 2023, at 10 a.m. EDT. The company will issue a press release with detailed results prior to the call. The conference call will be recorded and a replay will be available until November 23, 2023. BrightView President and CEO Dale Asplund and CFO Brett Urban will host the call.
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BrightView Announces New Employee Inducement Grants Under NYSE Rule 303A.08

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BrightView Holdings, Inc. awarded 250,000 new hire RSUs and 667,820 matching RSUs to its new CEO, Dale A. Asplund. The RSUs will vest over four years starting from October 1, 2024. Asplund will also receive an inducement award of 250,000 PSUs based on performance goals for fiscal years 2024-2026.
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BrightView Appoints Dale A. Asplund as Chief Executive Officer and Announces $500 Million Strategic Investment from One Rock Capital Partners

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BrightView Holdings appoints Dale A. Asplund as President and CEO, receives $500 million investment from One Rock Capital Partners
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BrightView’s Customer Portal Surpasses 10,000 Users

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FAQ

What is the current stock price of BrightView Holdings (BV)?

The current stock price of BrightView Holdings (BV) is $17.03 as of November 22, 2024.

What is the market cap of BrightView Holdings (BV)?

The market cap of BrightView Holdings (BV) is approximately 1.6B.

What does BrightView Holdings, Inc. do?

BrightView Holdings, Inc. provides high-quality commercial landscaping and snow services across the United States.

What are the main segments of BrightView's business?

BrightView operates through two main segments: Maintenance Services and Development Services.

How does BrightView generate most of its revenue?

BrightView generates the majority of its revenue from its Maintenance Services segment.

What is the recent significant news about BrightView?

BrightView has recently sold U.S. Lawns, a franchised commercial landscaping and snow removal service provider, to EverSmith Brands.

What industries does BrightView serve?

BrightView serves a variety of industries including housing communities, corporate campuses, healthcare facilities, universities, retail establishments, and resorts.

When was BrightView formed?

BrightView was formed in 2014 through the merger of Brickman and ValleyCrest.

Who acquired U.S. Lawns from BrightView?

U.S. Lawns was acquired by EverSmith Brands.

What is unique about BrightView's service approach?

BrightView offers a single-source solution for landscaping needs, handling everything from design to maintenance and enhancements.

How many team members does BrightView have?

BrightView has over 20,000 team members.

What is BrightView's commitment to its clients?

BrightView is committed to providing worry-free, dependable service to help drive clients' success.

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BrightView Holdings, Inc.

NYSE:BV

BV Rankings

#2184 Ranked by Market Cap
N/A Ranked by Dividends

BV Stock Data

1.58B
59.17M
2.4%
104.86%
5.24%
Specialty Business Services
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United States of America
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