BrightView Reports Third Quarter Fiscal 2020 Results
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BrightView Holdings (BV) Tops Q3 EPS by 9c, Revenues Miss; Offers 4Q Revenue Guidance Below Consensus
August 5, 2020 6:06 AM EDTBrightView Holdings (NYSE: BV) reported Q3 EPS of $0.42, $0.09 better than the analyst estimate of $0.33. Revenue for the quarter came in at $608.1 million versus the consensus estimate of $620.94 million.
Third Quarter Fiscal 2020 Highlights
Net cash provided by operating activities of $76.2 million, an increase of 71.2% compared to $44.5 million in the prior year.Free Cash Flow of $66.5 million, an increase of 385.4% compared to prior year of $13.7 million.Total revenue of $608.1 million; a 7.5% decrease compared to prior year of $657.2 million.Maintenance revenue of $460.0 million; a 6.5% decrease compared to prior year... More