BrightView: Fiscal Q2 Earnings Snapshot
By AP News
Published - May 04, 2023, 06:30 AM ET
Last Updated - Jun 21, 2023, 11:00 PM EDT
BLUE BELL, Pa. (AP) — BLUE BELL, Pa. (AP) — BrightView Holdings Inc. (BV) on Thursday reported a fiscal second-quarter loss of $22 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Blue Bell, Pennsylvania-based company said it had a loss of 23 cents. Losses, adjusted for one-time gains and costs, came to 7 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The investment company posted revenue of $650.4 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $631.7 million.