Bright Horizons Family Solutions (BFAM) Tops Q1 EPS by 10c; Offers FY23 Guidance

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Go back to Bright Horizons Family Solutions (BFAM) Tops Q1 EPS by 10c; Offers FY23 Guidance

Bright Horizons Family Solutions Reports First Quarter of 2023 Financial Results

May 2, 2023 4:20 PM EDT

NEWTON, Mass.--(BUSINESS WIRE)-- Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the first quarter of 2023 and reaffirmed financial guidance for 2023.

First Quarter 2023 Highlights (compared to First Quarter 2022):

Revenue of $554 million (increase of 20%) Income from operations of $31 million (decrease of 2%) Net income of $8 million and diluted earnings per common share of $0.14 (decreases of... More