AI brief of an SEC Form 8-K · Bright Horizons Family Solutions (BFAM)

Bright Horizons Q3 revenue rises 11% to $719 million; GAAP EPS up 36% to $0.94

Positive Impact 3 of 5 earnings Written later

Bright Horizons Family Solutions reported third-quarter 2024 revenue of $719 million, up 11%, and diluted earnings per share of $0.94, up 36% from $0.69. The company also gave updated 2024 guidance of about $2.675 billion in revenue and diluted adjusted EPS of $3.37 to $3.42, which shareholders can compare with the company's prior outlook once it is available.

Key points

  • Q3 2024 income from operations was $89.4 million, up 34%; net income was $54.9 million, up 37%.
  • Adjusted EBITDA was $121.0 million, up 20%; diluted adjusted EPS was $1.11, up 26% from $0.88.
  • Back-Up Care revenue grew 18% and Full Service revenue grew 9%, per the CEO.
  • 2024 outlook: revenue of about $2.675 billion and diluted adjusted EPS of $3.37 to $3.42.

The filing

CompanyBright Horizons Family Solutions (BFAM)
Form8-K, current report
Filed with the SECNov 4, 2024, 4:09 PM ET
Accession number0001437578-24-000030

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 November 04, 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.