Bright Horizons Family Solutions (BFAM) Tops Q3 EPS by 2c

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Go back to Bright Horizons Family Solutions (BFAM) Tops Q3 EPS by 2c

Bright Horizons Family Solutions Reports Third Quarter of 2022 Financial Results

November 1, 2022 4:24 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 third quarter of 2022 and updated financial guidance for 2022.

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

Revenue of $540 million (increase of 17%) Income from operations of $39 million (decrease of 15%) Net income of $18 million and diluted earnings per common share of $0.31 (decreases of 32% and 30%, respectively)

Non-GAAP... More