BrightView Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
May 02, 2024 at 01:46 am IST
Share
BrightView Holdings, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported net income was USD 33.7 million compared to net loss of USD 22 million a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to basic loss per share from continuing operations of USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to diluted loss per share from continuing operations of USD 0.23 a year ago.
For the six months, net income was USD 17.3 million compared to net loss of USD 40.9 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.44 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.44 a year ago.
BrightView Holdings, Inc. is a provider of commercial landscaping services in the United States. The Company designs, creates and maintains landscapes and provides comprehensive snow and ice removal services. The Company operates through two segments: maintenance services and development services. The maintenance services segment delivers a full suite of recurring commercial landscaping services ranging from mowing, gardening, mulching and snow removal, to more horticulturally advanced services, such as water management, irrigation maintenance, tree care, golf course maintenance and specialty turf maintenance. The development services segment provides landscape architecture and development services for new facilities and significant redesign projects. This segment services include project design and management services, landscape architecture, landscape installation, irrigation installation, tree moving and installation, pool and water features and sports field services, among others.