BrightView Sees Q3 2024 Free Cash Flow $65M-$80M Vs $55M-$75M Prior
Portfolio Pulse from Benzinga Newsdesk
BrightView Holdings, Inc. (BV) has updated its Q3 2024 free cash flow guidance to $65M-$80M, up from the previous range of $55M-$75M.
July 31, 2024 | 8:24 pm
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BrightView Holdings, Inc. (BV) has increased its Q3 2024 free cash flow guidance to $65M-$80M, up from the previous range of $55M-$75M. This indicates a stronger financial performance and improved cash generation.
The increase in free cash flow guidance suggests that BrightView is expecting better financial performance and higher cash generation. This is a positive signal for investors, likely leading to a short-term increase in the stock price.
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