Bright Horizons (BFAM) PT Raised to $77 at Morgan Stanley
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Bright Horizons Family Solutions Reports Fourth Quarter and Full Year 2023 Financial Results
February 13, 2024 4:25 PM ESTNEWTON, Mass.--(BUSINESS WIRE)-- Bright Horizons Family Solutions® Inc. (NYSE: BFAM) today announced financial results for the fourth quarter and full year of 2023 and provided guidance for 2024. Bright Horizons is 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.
Fourth Quarter 2023 Highlights (compared to Fourth Quarter 2022):
Revenue of $616 million (increase of 16%) Income from operations of $28 million (decrease of 29%) Net income of $6 million and diluted earnings per... More