Bright Horizons Earnings Reports

Bright Horizons saw a 10% year-over-year revenue increase in Q4 2024, reaching $674,146,000. Net income surged by 427% to $29,123,000, while EPS grew by 456%. Operating income rose significantly, driven by increased demand for back-up care and higher tuition rates.

Bright Horizons reported an 11% increase in revenue to $719 million for Q3 2024, driven by enrollment gains and tuition price increases in their centers, as well as increased utilization of back-up care services. Net income increased by 37% to $55 million, and diluted earnings per share increased by 36% to $0.94.

Bright Horizons Family Solutions reported an 11% increase in revenue to $670 million and a 90% increase in net income to $39 million for the second quarter of 2024. Diluted earnings per common share increased by 91% to $0.67, and adjusted EPS grew by 38% to $0.88. The company is raising its full-year outlook for revenue and adjusted EPS.

Bright Horizons reported a strong start to 2024, with revenue of $623 million, a 12% increase compared to the first quarter of 2023. Net income increased by 109% to $17 million, and diluted earnings per share rose by 107% to $0.29. The company reaffirmed its financial guidance for 2024.

Bright Horizons Family Solutions reported a 16% increase in revenue to $616 million for Q4 2023. Net income decreased by 69% to $6 million, with diluted earnings per share at $0.09. The Full Service segment showed continued enrollment gains with 15% revenue growth, and the Back-Up Care segment grew revenue 24% year-over-year.

Bright Horizons reported a strong third quarter with a 20% increase in revenue to $646 million and a 123% increase in diluted earnings per share to $0.69. The company's Full Service and Back-Up Care segments were key drivers of this growth.

Bright Horizons reported a 23% increase in revenue to $603 million for Q2 2023. However, income from operations decreased by 5% to $46 million, and net income decreased by 17% to $21 million. The company reaffirmed its full-year revenue guidance of $2.35 billion to $2.4 billion and diluted adjusted earnings per common share guidance of $2.70 to $2.80.

Bright Horizons reported a 20% increase in revenue to $554 million in Q1 2023. Net income decreased by 58% to $8 million, while diluted earnings per share decreased to $0.14. The company reaffirmed its financial guidance for 2023.

Bright Horizons Family Solutions reported strong Q4 2022 financial results, with revenue growth across all service lines. The company achieved enrollment growth goals and saw solid use and participation in Back-Up Care and Educational Advisory services. They enter 2023 with a strong foundation and are well-positioned to capitalize on growth prospects.

Bright Horizons reported a 17% increase in revenue to $540 million in Q3 2022 compared to Q3 2021. Net income decreased by 32% to $18 million, and diluted earnings per share decreased by 30% to $0.31. The company saw solid growth in all lines of business, expanded its footprint, increased enrollment year-over-year, delivered a record number of traditional back-up care sessions, and supported more adult learners in their pursuit of higher education.

Bright Horizons Family Solutions reported strong second-quarter results with an 11% increase in revenue and a 45% increase in adjusted EPS. Enrollment gains and expanded back-up care services contributed to the growth. The company also completed the acquisition of Only About Children on July 1st.

Bright Horizons Family Solutions reported a revenue increase of 18% to $460 million in Q1 2022 compared to Q1 2021. Net income increased by 172% to $19 million, and diluted earnings per common share increased by 175% to $0.33.

Bright Horizons Family Solutions reported a revenue of $463 million, an increase of 23% compared to Q4 2020. Net income increased by $15 million to $18 million, with diluted earnings per common share rising to $0.29. Adjusted EBITDA increased by 49% to $79 million, and adjusted income from operations increased by 152% to $46 million.

Bright Horizons reported a strong third quarter with a 36% increase in revenue to $460 million, driven by enrollment increases and re-opening of child care centers. Net income significantly improved to $27 million, and diluted earnings per share reached $0.44.

Bright Horizons reported a 50% increase in revenue to $441 million and a 319% increase in income from operations to $34 million in the second quarter of 2021. The company's recovery from the pandemic is on track, with enrollment and back-up usage returning.

Bright Horizons Family Solutions reported a decrease in revenue by 23% to $391 million compared to Q1 2020, primarily due to the COVID-19 pandemic's impact on operations. Net income decreased by 77% to $7 million, and diluted earnings per share decreased to $0.12. The company's recovery is ongoing, with child care centers operating below pre-COVID-19 enrollment levels despite improvements during the quarter.

Bright Horizons Family Solutions reported a decrease in revenue by 28% to $377 million in Q4 2020 compared to Q4 2019. Net income also decreased by 95% to $3 million, with diluted earnings per common share at $0.04. The company's operations were significantly impacted by the COVID-19 pandemic, leading to temporary center closures and reduced enrollment.

Bright Horizons Family Solutions reported a challenging third quarter in 2020 due to the COVID-19 pandemic. Revenue decreased by 34% compared to the same period in 2019. The company experienced a loss from operations and a net loss, though Back-up Care and Educational Advisory services partially offset the impact.

Bright Horizons Family Solutions reported a 44% decrease in revenue and a significant drop in net income due to the temporary closure of child care centers during the COVID-19 pandemic. The company managed to offset some of the losses through growth in back-up care services and cost management initiatives.

Bright Horizons Family Solutions reported a 1% increase in revenue to $506 million for Q1 2020. However, the company experienced a decrease in income from operations by 31% to $43 million and a decrease in net income by 27% to $31 million. These declines were primarily attributed to the impact of COVID-19, which led to temporary center closures and related impairment charges.

Bright Horizons Family Solutions reported a 9% increase in revenue to $521 million for Q4 2019, compared to Q4 2018. Net income increased by 2% to $48 million, and diluted earnings per common share increased by 3% to $0.81.