KinderCare Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
KinderCare Learning Companies, Inc. (KLC)
Company Research
Source: Yahoo! Finance
provider of high-quality early childhood education by center capacity, today announced financial results for the quarter ended September 28, 2024. Third Quarter 2024 Highlights Revenue of $671.5 million Income from operations of $54.4 million Net Income of $14.0 million and net income per common share, diluted of $0.15 On October 10, 2024, the Company completed its initial public offering ("IPO"), in which it sold 27.6 million shares of common stock, raising approximately $616.2 million in net proceeds Non-GAAP financial measures Adjusted EBITDA of $71.4 million Adjusted net income of $4.3 million and adjusted net income per common share, diluted of $0.05 "KinderCare delivered strong results during the third quarter of 2024, which marks our first earnings report as a public company," said Paul Thompson, KinderCare's Chief Executive Officer. "Revenue growth of 7.5% demonstrates our expanding ability to bring high-quality early childhood education and care to more fami
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KLC
News
- KinderCare Reports Third Quarter 2024 Financial ResultsBusiness Wire
- KinderCare to Announce Third Quarter 2024 Results on November 20Business Wire
- KinderCare Learning Companies: Aided By Pandemic Subsidies [Seeking Alpha]Seeking Alpha
- Platinum Equity's Ingram Micro seeks up to $5.4 billion valuation in US IPO [Yahoo! Finance Canada]Yahoo! Finance Canada
- KinderCare just became a public company. Can it fix the childcare shortage? [Yahoo! Finance]Yahoo! Finance
KLC
Earnings
- 11/20/24 - Beat
KLC
Sec Filings
- 11/21/24 - Form 10-Q
- 11/20/24 - Form 8-K
- 10/31/24 - Form 8-K
- KLC's page on the SEC website