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Bright Horizons posted a solid first quarter driven by enrollment gains and increased use of services, with revenue up 7% and adjusted EPS rising over 50%.
Revenue reached $665,527,000, a 7% increase year-over-year.
Net income more than doubled to $38,049,000 from $16,989,000 last year.
Diluted EPS was $0.66 and adjusted EPS climbed to $0.77.
All core segments contributed to growth, particularly back-up care with strong margin expansion.
Bright Horizons expects FY2025 revenue between $2.865 billion and $2.915 billion, and adjusted EPS between $3.95 and $4.15.
Visualization of income flow from segment revenue to net income