BrightView Holdings Inc
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
BV$11.85+1.5%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(In millions, except per share data)
| Three Months Ended March 31, | Six Months Ended March 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net service revenues | $672.9 | $650.4 | $1,299.6 | $1,306.3 |
| Cost of services provided | 520.9 | 503.3 | 1,013.7 | 1,011.6 |
| Gross profit | 152.0 | 147.1 | 285.9 | 294.7 |
| Selling, general and administrative expense | 125.0 | 138.7 | 255.0 | 276.4 |
| (Gain) on divestiture | (43.9) | — | (43.9) | — |
| Amortization expense | 8.7 | 11.0 | 18.8 | 22.9 |
| Income (loss) from operations | 62.2 | (2.6) | 56.0 | (4.6) |
| Other (income) | (0.8) | (0.6) | (1.9) | (1.4) |
| Interest expense, net | 16.0 | 27.7 | 33.0 | 50.9 |
| Income (loss) before income taxes | 47.0 | (29.7) | 24.9 | (54.1) |
| Income tax expense (benefit) | 13.3 | (7.7) | 7.6 | (13.2) |
| Net income (loss) | $33.7 | $(22.0) | $17.3 | $(40.9) |
| Less: dividends on Series A convertible preferred shares | 8.9 | - | 17.8 | - |
| Net income (loss) attributable to common stockholders | $24.8 | $(22.0) | $(0.5) | $(40.9) |
| Earnings (loss) per share: | ||||
| Basic and diluted earnings (loss) per share | $0.17 | $(0.23) | $(0.01) | $(0.44) |
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