Bright Horizons Family Solutions (BFAM) Misses Q1 EPS by 1c; Not Providing Guidance

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Go back to Bright Horizons Family Solutions (BFAM) Misses Q1 EPS by 1c; Not Providing Guidance

Bright Horizons Family Solutions Reports First Quarter of 2020 Financial Results

May 6, 2020 4:21 PM EDT

WATERTOWN, Mass.--(BUSINESS WIRE)-- Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help leading employers support employees across life and career stages, today announced financial results for the first quarter of 2020 and provided an update on the status of current operations resulting from the COVID-19 pandemic.

First Quarter 2020 Highlights (compared to first quarter 2019):

Revenue of $506 million (increase of 1%) Income from operations of $43 million (decrease of 31%) Net income of $31 million and diluted earnings per common share of $0.52... More