Bright Horizons Family Solutions (BFAM) Tops Q1 EPS by 5c, Offers Guidance

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Go back to Bright Horizons Family Solutions (BFAM) Tops Q1 EPS by 5c, Offers Guidance

Bright Horizons Family Solutions Reports First Quarter of 2022 Financial Results

May 3, 2022 4:21 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 2022 and revised financial guidance for 2022.

First Quarter 2022 Highlights (compared to First Quarter 2021):

Revenue of $460 million (increase of 18%) Income from operations of $31 million (increase of 127%) Net income of $19 million and diluted earnings per common share of $0.33 (increases of 172% and 175%, respectively)

Non-GAAP... More