Bright Horizons Family Solutions (BFAM) Tops Q4 EPS by 6c, FY EPS Guidance Beats
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Bright Horizons Family Solutions Reports Fourth Quarter and Full Year 2018 Financial Results
February 12, 2019 4:23 PM ESTWATERTOWN, Mass.--(BUSINESS WIRE)-- Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality child care and early education, back-up care and educational advisory services designed to help employers and families better address the challenges of work and family life, today announced financial results for the fourth quarter and full year of 2018 and provided guidance for 2019.
Fourth Quarter 2018 Highlights (compared to fourth quarter 2017):
Revenue increased 9% to $478 million Income from operations increased 22% to $64 million Net income decreased 9% to $47 million and diluted earnings per common share decreased 8% to $0.79... More