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Mar 31, 2022
Bright Horizons Q1 2022 Earnings Report
Reported financial results for the first quarter of 2022 and revised financial guidance for 2022.
Key Takeaways
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.
Revenue of $460 million, an increase of 18%.
Income from operations of $31 million, an increase of 127%.
Net income of $19 million and diluted earnings per common share of $0.33, increases of 172% and 175%, respectively.
Adjusted EBITDA of $63 million, an increase of 36%.
Bright Horizons
Bright Horizons
Bright Horizons Revenue by Segment
Revenue by Segment
Full service center-based child care Revenue
CapyFin.comBack-up care Revenue
CapyFin.comEducational advisory services Revenue
CapyFin.com Forward Guidance
The company expects fiscal year 2022 revenue to be in the range of $2.0 billion to $2.1 billion, and diluted adjusted earnings per common share in the range of $3.05 to $3.25.
Revenue & Expenses
Visualization of income flow from segment revenue to net income