BrightView reports year-end financial results
Among
other results, the company revealed a total annual revenue of $2.5 million,
nearly a 9% increase compared to $2.3 million in the prior year. Maintenance
revenue increased by nearly 15%. Notably, the company reported a net income of
$46.3 million, or $0.44 per share, and a net income margin of 1.8%, compared to
net loss of $41.6 million, or ($0.40) per share, and a net loss margin of 1.8%
in the prior year.
“As
I look back on the last year, it is remarkable how much we persevered and have
accomplished,” said Andrew Masterman, BrightView President and Chief
Executive Officer. “Ultimately, the basis of our success is our people who
continue to navigate challenging circumstances and remain dedicated to
professional excellence. Our people, their performance, and their intense
customer focus is why I am confident in our ability to deliver continued
profitable growth.”
