Bright Horizons Family Solutions (BFAM) Reports In-Line Q1 EPS and Offers FY16 Outlook
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Bright Horizons Family Solutions® Reports First Quarter of 2016 Financial Results
May 3, 2016 4:18 PM EDTBOSTON, May 3, 2016 /PRNewswire/ -- Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality child care, early education and other services designed to help employers and families better address the challenges of work and family life, today announced financial results for the first quarter of 2016 and confirmed certain financial guidance for the full year 2016.
First Quarter 2016 Highlights (compared to first quarter 2015):
Revenue increased 10% to $385 million GAAP income from operations increased 13% to $49 million Non-GAAP adjusted income from operations* increased 14% to $49 million... More