Bright Horizons Family Solutions (BFAM) Tops Q1 EPS by 2c, Offers Guidance

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Bright Horizons Family Solutions Reports First Quarter of 2019 Financial Results

April 30, 2019 4:21 PM EDT

WATERTOWN, Mass.--(BUSINESS WIRE)-- Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality child care, early education and other services designed to help employers, families and adult learners better address the challenges of work and family life, today announced financial results for the first quarter of 2019 and updated certain financial guidance for the full year 2019.

First Quarter 2019 Highlights (compared to first quarter 2018):

Revenue increased 8% to $502 million Income from operations increased 14% to $63 million Net income increased 13% to $42 million and diluted earnings per common share increased 15% to $0.71... More