Bright Horizons Family Solutions Reports Third Quarter of 2019 Financial Results
Bright Horizons Family Solutions Inc. (BFAM)
Last bright horizons family solutions inc. earnings: 2/13 04:21 pm
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Source: Business Wire
WATERTOWN, Mass.--(BUSINESS WIRE)--Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help leading employers support employees across life and career stages, today announced financial results for the third quarter of 2019 and updated certain financial guidance for the full year 2019.Third Quarter 2019 Highlights (compared to third quarter 2018):Revenue increased 8% to $512 millionIncome from operations increased 13% to $63 millionNet income increased 23% to $41 million and diluted earnings per common share increased 21% to $0.69Non-GAAP measuresAdjusted income from operations* increased 13% to $63 millionAdjusted EBITDA* increased 11% to $95 millionAdjusted net income* increased 19% to $51 million and diluted adjusted earnings per common share* increased 18% to $0.86“We are pleased to report strong financial results for the third quarter of 2019,” said Stephen Kramer, Chief Executive Officer. “Our full s
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News
- Bright Horizons Family Solutions Inc. (NYSE: BFAM) had its price target lowered by analysts at Morgan Stanley from $108.00 to $102.00. They now have an "underweight" rating on the stock.MarketBeat
- The Boston Globe Names Bright Horizons a Top Place to Work in 2024 [Yahoo! Finance]Yahoo! Finance
- The Boston Globe Names Bright Horizons a Top Place to Work in 2024Business Wire
- Is Bright Horizons Family Solutions Inc. (NYSE:BFAM) Potentially Undervalued? [Yahoo! Finance]Yahoo! Finance
- Bright Horizons Family Solutions Inc. (NYSE: BFAM) was upgraded by analysts at Baird R W from a "hold" rating to a "strong-buy" rating.MarketBeat
BFAM
Earnings
- 11/4/24 - Beat
BFAM
Sec Filings
- 12/11/24 - Form 8-K
- 12/5/24 - Form 4
- 12/3/24 - Form 144
- BFAM's page on the SEC website