Bright Horizons Family Solutions (BFAM) Reports Q1 Earnings
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Bright Horizons Family Solutions, Inc. (Nasdaq: BFAM) reports Q1 EPS of $0.45 (ex-items), in-line with estimates. Revenue for the first quarter of 2008 increased to $199.8 million from $190.1 million for the same quarter last year. (Q1 revenue consensus is $203.41 million)
Due to the pending special meeting of stockholders scheduled for May 7, 2008 regarding the previously announced agreement and plan of merger providing for the acquisition of Bright Horizons by an affiliate of Bain Capital Partners, LLC, the Company will not host a conference call or webcast regarding its first quarter 2008 results.
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