Bright Horizons Family Solutions (BFAM) Tops Q2 EPS by $1.02, Revenues Beat

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Bright Horizons Family Solutions Reports Second Quarter of 2020 Financial Results

August 5, 2020 4:13 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 second quarter of 2020 and provided an update on the status of current operations resulting from the COVID-19 pandemic.

Second Quarter 2020 Highlights (compared to second quarter 2019):

Revenue of $294 million (decrease of 44%) Income from operations of $8 million (decrease of 89%) Net income of $0.4 million and diluted earnings per common share of $0.01... More