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BrightView Holdings Reports Mixed Results: Net Income Up, Revenues Down - What's Next for Investors?

Summary by MyChesCo
BLUE BELL, PA — BrightView Holdings, Inc. (NYSE: BV) reported its unaudited financial results for the third quarter ended June 30, 2024, with notable improvements in net income and EBITDA despite a drop in revenue. The landscaping services firm saw total revenue decrease 3.6% year-over-year to $738.8 million. This drop was mainly due to a $39.2 million decline in its commercial landscaping business, partially offset by an $11.6 million increase …

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