Bright Horizons Family Solutions (BFAM) Tops Q4 EPS by 55c

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Bright Horizons Family Solutions Reports Fourth Quarter and Full Year 2020 Financial Results

February 17, 2021 4:19 PM EST

NEWTON, 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 fourth quarter and full year of 2020 and provided an update on the status of current operations.

Fourth Quarter 2020 Highlights (compared to fourth quarter 2019):

Revenue of $377 million (decrease of 28%) Income from operations of $8 million, compared to $67 million (decrease of 88%) Net income of $3 million and diluted earnings per common share of $0.04... More