Bright Horizons Family Solutions (BFAM) Tops Q3 EPS by 51c

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Bright Horizons Family Solutions Reports Third Quarter of 2020 Financial Results

November 5, 2020 4:16 PM EST

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

Third Quarter 2020 Highlights (compared to third quarter 2019):

Revenue of $338 million (decrease of 34%) Loss from operations of $6 million, compared to income from operations of $63 million Net loss of $7 million and... More