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Dec 31, 2021
BrightView Q1 2022 Earnings Report
Reported an increase in total revenue and a net loss compared to the previous year.
Key Takeaways
BrightView reported a 6.7% increase in total revenue to $591.8 million, driven by growth in both Maintenance and Development Services. However, the company experienced a net loss of $12.8 million, slightly higher than the previous year's $12.0 million. Adjusted EBITDA decreased by 18.7% to $42.6 million.
Total revenue increased by 6.7% to $591.8 million compared to the prior year.
Maintenance revenue grew by 4.8% to $438.2 million, with Land revenue up 11.0%.
Development revenue increased by 12.6% to $154.7 million.
Net loss was $12.8 million, compared to a net loss of $12.0 million in the prior year.
Revenue by Segment
Forward Guidance
The company provides second quarter fiscal 2022 guidance of $620 million to $680 million in Total Revenue and $50 million to $60 million in Adjusted EBITDA.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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