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Stock impact report

Bright Horizons Family Solutions Reports Financial Results for First Quarter of 2024 [Yahoo! Finance]

Bright Horizons Family Solutions Inc. (BFAM) 
Last bright horizons family solutions inc. earnings: 2/13 04:21 pm Check Earnings Report
Company Research Source: Yahoo! Finance
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 2024 and reaffirmed financial guidance for 2024 initially provided on February 13, 2024. First Quarter 2024 Highlights (compared to First Quarter 2023): Revenue of $623 million (increase of 12%) Income from operations of $40 million (increase of 30%) Net income of $17 million and diluted earnings per common share of $0.29 (increases of 109% and 107%, respectively) Non-GAAP measures Adjusted EBITDA* of $75 million (increase of 7%) Adjusted income from operations* of $40 million (increase of 9%) Adjusted net income* of $30 million and diluted adjusted earnings per common share* of $0.51 (increases of 5% and 4%, respectively) "We had a solid start to 2024, with our team delivering better-than-expected revenue and earnings," said Stephen Kramer, Chief Exe Show less Read more
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