Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Bright Horizons Family Solutions (BFAM)

Bright Horizons Q1 2024 revenue rises 12% to $623 million; reaffirms 2024 guidance

Positive Impact 3 of 5 earnings Written later

Bright Horizons Family Solutions reported first quarter 2024 revenue of $623 million, up 12% from a year earlier, and net income of $17 million, or $0.29 per diluted share, versus $0.14 a year earlier. The company reaffirmed its 2024 guidance of $2.6 billion to $2.7 billion in revenue and $3.00 to $3.20 in diluted adjusted earnings per share, which gives shareholders a clear view that results are tracking the company's full-year plan.

Key points

  • Revenue of $623 million, up 12% from the first quarter of 2023, driven by enrollment gains, tuition increases and higher back-up care utilization
  • Income from operations of $40 million, up 30%; net income of $17 million versus $8.1 million a year earlier
  • Diluted adjusted earnings per share of $0.51 versus $0.49 in the first quarter of 2023
  • 2024 guidance reaffirmed: revenue of $2.6 billion to $2.7 billion and diluted adjusted earnings per share of $3.00 to $3.20; results were discussed on a conference call held May 2, 2024

The filing

CompanyBright Horizons Family Solutions (BFAM)
Form8-K, current report
Filed with the SECMay 2, 2024, 4:22 PM ET
Accession number0001437578-24-000014

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.