Bright Horizons Family Solutions ® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help employers support employees across life and career stages, today announced financial results for the fourth quarter and full year of 2021 and provided guidance for 2022. Fourth Quarter 2021 Highlights (compared to fourth quarter 2020): Revenue of $463 million (increase of 23%) Income from operations of $35 million (increase of $27 million) Net income of $18...
Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended December 31, 2021 on Wednesday, February 16, 2022, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the fourth quarter 2021, the Company’s updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for...
Leading child care provider Bright Horizons announced today it is hosting its second annual virtual National Hiring Day event on Tuesday, February 1st. Bright Horizons has hundreds of full-time permanent Teacher and Associate Teacher positions available in its Infant, Toddler, Twos and Preschool/Pre-K classrooms, and offers employees extensive benefits and the opportunity to make a lasting impact on young children’s learning and development. Bright Horizons provides different paths for...
Bright Horizons (NYSE:BFAM) EdAssist Solutions has established the Workforce Education Network, a select group of highly-regarded universities and colleges looking to jointly provide increased access to affordable, high-quality education while reducing costs and decreasing time to earning a degree for employees and employers. The mission is to increase talent mobility by solving strategic workforce gaps – a problem that has been accelerated by the pandemic. This group will focus on promoting...
Bright Horizons Family Solutions ® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help employers support employees across life and career stages, today announced financial results for the third quarter of 2021. Third Quarter 2021 Highlights (compared to Third Quarter 2020): Revenue of $460 million (increase of $122 million) Income from operations of $46 million (increase of $52 million) Net income of $27 million and diluted earnings per common...
Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended September 30, 2021 on Tuesday, November 2, 2021, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the third quarter 2021, the Company’s updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for...
Bright Horizons Family Solutions ® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help employers support employees across life and career stages, today announced financial results for the second quarter of 2021. Second Quarter 2021 Highlights (compared to second quarter 2020): Revenue of $441 million (increase of 50%) Income from operations of $34 million (increase of 319%) Net income of $19 million and diluted earnings per common share of $0.31...
Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended June 30, 2021 on Wednesday, August 4, 2021, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the second quarter 2021, the Company’s updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for...
Bright Horizons Family Solutions ® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help employers support employees across life and career stages, today announced financial results for the first quarter of 2021. First Quarter 2021 Highlights (compared to first quarter 2020): Revenue of $391 million (decrease of 23%) Income from operations of $14 million (decrease of 68%) Net income of $7 million and diluted earnings per common share of $0.12...
Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended March 31, 2021 on Wednesday, May 5, 2021, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the first quarter 2021, the Company’s updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-866-269-4260, or for international...
The majority of American workers say they would feel more motivated, more secure and better equipped to do their jobs if they had access to education opportunities offered by their employer, according to a recent research report . Now, Bright Horizons EdAssist Solutions, which works with many of the country’s largest employers to provide education benefits and student loan repayment programs, has identified “The Smartest Healthcare Organizations in Workforce Education,” recognizing...
Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended December 31, 2020 on Wednesday, February 17, 2021, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the fourth quarter 2020, the Company’s updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for...
The stress and uncertainty brought on by almost a year of the COVID-19 pandemic has left working parents struggling to find a child care solution that not only meets the expectations of their employers, but also the social and educational development of their children. A new survey of working parents commissioned by Bright Horizons® (NYSE: BFAM) revealed that over three-quarters (78%) of parents whose children are not in a child care center or school setting are worried that their child is...
Bright Horizons ® EdAssist Solutions (NYSE:BFAM) today announced its support of the CARES Act Student Loan Repayment Provision, which Congress recently agreed to extend to 2025. Under the new provision, employers can make tax-free contributions of up to $5,250 a year to their employees’ education expenses, covering both tuition and student loan assistance. While the provision was initially set to expire at the end of 2020, it has been extended through December 31, 2025. Bright Horizons...
Bright Horizons Family Solutions ® Inc. (NYSE:BFAM) announced today that the three company founders, Roger Brown, Linda Mason and Marguerite Kondracke, will retire from the Board of Directors effective March 31, 2021. All three will become a Director Emeritus as of their retirement date and will continue to provide guidance and counsel to the organization they founded as part of their collective mission to make a lasting difference in the world through the education of young children. Linda...
Bright Horizons Family Solutions ® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help employers support employees across life and career stages, today announced financial results for the third quarter of 2020 and provided an update on the status of current operations resulting from the COVID-19 pandemic. Third Quarter 2020 Highlights (compared to third quarter 2019): Revenue of $338 million (decrease of 34%) Loss from operations of $6 million,...
Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended September 30, 2020 on Thursday, November 5, 2020, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the third quarter 2020, the Company’s updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for...
Bright Horizons Family Solutions ® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help leading employers support employees across life and career stages, today announced financial results for the second quarter of 2020 and provided an update on the status of current operations resulting from the COVID-19 pandemic. Second Quarter 2020 Highlights (compared to second quarter 2019): Revenue of $294 million (decrease of 44%) Income from operations of...
Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended June 30, 2020 on Wednesday, August 5, 2020, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the second quarter 2020, the Company’s updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for...
Bright Horizons Family Solutions ® Inc. (NYSE: BFAM), a leading provider of high-quality education and care solutions designed to help leading employers support employees across life and career stages, today announced financial results for the first quarter of 2020 and provided an update on the status of current operations resulting from the COVID-19 pandemic. First Quarter 2020 Highlights (compared to first quarter 2019): Revenue of $506 million (increase of 1%) Income from operations of $43...