Bright Horizons Family Solutions (BFAM) Misses Q3 EPS by 1c

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Go back to Bright Horizons Family Solutions (BFAM) Misses Q3 EPS by 1c

Bright Horizons Family Solutions® Reports Third Quarter of 2016 Financial Results

November 1, 2016 4:20 PM EDT

WATERTOWN, Mass., Nov. 1, 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 third quarter of 2016 and updated certain financial guidance for the full year 2016.

Third Quarter 2016 Highlights (compared to third quarter 2015):

Revenue increased 5% to $384 million Income from operations increased 7% to $45 million Net income increased 9% to $23 million and diluted earnings per common share increased 12% to $0.37... More