Bright Horizons Family Solutions (BFAM) Tops Q1 EPS by 9c

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Bright Horizons Family Solutions Reports First Quarter of 2021 Financial Results

May 5, 2021 4:20 PM EDT

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 first quarter of 2021.

First Quarter 2021 Highlights (compared to first quarter 2020):

Revenue of $391 million (decrease of 23%) Income from operations of $14 million (decrease of 68%) Net income of $7 million and diluted earnings per common share of $0.12 (decrease of 77%)

Non-GAAP measures

Adjusted... More