Bright Horizons Family Solutions (BFAM) Tops Q2 EPS by 15c, Beats on Revenue; Offers FY24 Guidance
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Bright Horizons Family Solutions Reports Financial Results for Second Quarter of 2024
August 1, 2024 4:28 PM EDTNEWTON, 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 second quarter of 2024 and updated financial guidance for 2024.
Second Quarter 2024 Highlights (compared to Second Quarter 2023):
Revenue of $670 million (increase of 11%) Income from operations of $69 million (increase of 52%) Net income of $39 million and diluted earnings per common share of $0.67 (increases of 90% and... More