Bright Horizons Family Solutions (BFAM) Tops Q3 EPS by 5c, Misses on Revenue; Offers FY24 Guidance
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Bright Horizons Family Solutions Reports Financial Results for Third Quarter of 2024
November 4, 2024 4:13 PM ESTNEWTON, 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 third quarter of 2024 and updated financial guidance for 2024.
Third Quarter 2024 Highlights (compared to Third Quarter 2023):
Revenue of $719 million (increase of 11%) Income from operations of $89 million (increase of 34%) Net income of $55 million and diluted earnings per common share of $0.94 (increases of 37% and... More