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BRIGHT HORIZONS FAMILY SOLUTIONS INC. - BFAM STOCK NEWS

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Bright Horizons Family Solutions Inc. (NYSE: BFAM) is a renowned provider of education and care solutions designed to help employers support their employees in achieving a balanced work-life integration. Established in 1986, Bright Horizons has been a pioneer in creating employer-sponsored child care centers, transforming the modern business culture by addressing the needs of working parents. Today, the company operates over 1,000 child care centers globally, relied upon by thousands of working families.

The company operates through three main business segments: full-service center-based child care, backup care, and educational advisory services. The full-service center-based child care segment, which includes traditional center-based child care and early education services, is the primary revenue generator for the company. This segment ensures that children receive the best early education and care, providing parents with peace of mind as they pursue their careers.

In addition to child care services, Bright Horizons offers backup care solutions, which encompass in-home child and elder care. These services provide critical support to employees in times of need, ensuring that both children and elderly family members are well cared for. The educational advisory services segment offers tuition assistance and education consulting, supporting both child and adult learners in their educational journeys.

Bright Horizons collaborates with many of the world's top employers, who consider the company's benefits programs a cornerstone of their employee support strategies. These programs have consistently earned recognition on prestigious lists such as Fortune's “Best Companies to Work For” and Working Mother's top workplace lists. The company's dedication to creating supportive cultures for its clients extends to its own workforce, fostering an environment where both employees and clients can thrive.

Financially, Bright Horizons generates more than half of its revenue from North America, reflecting its strong presence and trusted reputation in the region. The company's commitment to excellence is evident in its continuous efforts to innovate and expand its services, ensuring that it remains a leader in the education and care industry.

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Bright Horizons (BFAM) announces the new season of The Work-Life Equation Podcast with Paul Sullivan as co-host, featuring engaging dialogues on balancing career and family life. Guests include corporate leaders, public figures, and experts discussing personal growth, parenting challenges, and caregiving roles.
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Bright Horizons Family Solutions Inc. (BFAM) reported financial results for Q4 and full year 2023, with revenue increasing by 16% to $616 million in Q4 and by 20% to $2 billion for the full year. Adjusted EBITDA increased by 10% in Q4 and 11% for the year, while adjusted net income rose by 9% in Q4 and 8% for the year. The company expects revenue of $2.6 billion to $2.7 billion and diluted adjusted earnings per common share of $3.00 to $3.20 for fiscal year 2024.
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Bright Horizons Family Solutions Inc. (NYSE: BFAM) will release its Q4 2023 results on February 13, 2024, followed by a conference call to discuss the updated business outlook, strategy, and results. Interested parties can listen to the call and access replays through the Investor Relations section of the company's website.
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Bright Horizons (BFAM) named one of the Top Places to Work in Massachusetts by the Boston Globe for the second consecutive year. Ranked 9th in the largest companies category, the only education and care company on the list. Offers free college degree program for teachers and center staff. Recognized for workplace culture and inclusion.
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Bright Horizons: Stress and Parental Guilt at All-Time High During Holidays. New research by Bright Horizons reveals that stress is peaking for parents during the holidays, with juggling work and child care being a top source of increased stress. The study also highlights the need for additional child care support and the escalation of parental guilt when falling short of expectations.
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EdAssist by Bright Horizons: New Research Shows American Workers Prioritize Employers Supporting Educational Goals
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Bright Horizons Family Solutions Inc. reported strong financial results for Q3 2023, with a 20% increase in revenue and a 71% increase in income from operations compared to Q3 2022. The company's net income also saw a significant increase of 119% year-over-year. Adjusted EBITDA increased by 26% and adjusted net income increased by 34%. Bright Horizons Family Solutions operates over 1,000 early education and child care centers and has more than 1,400 client relationships with employers.
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Bright Horizons Family Solutions Inc. (NYSE: BFAM) will release its Q3 2023 results on November 1, 2023, after the stock market closes. The company will host a conference call to discuss the results, updated business outlook, strategy, and more.
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Bright Horizons Family Solutions Inc. (NYSE: BFAM) announced their second quarter 2023 financial results and updated financial guidance for 2023. Revenue increased by 23% to $603 million, but income from operations and net income decreased by 5% and 17% respectively. Adjusted EBITDA decreased by 1% to $82 million. The company's outlook for 2023 includes expected revenue in the range of $2.35 billion to $2.4 billion and diluted adjusted earnings per common share between $2.70 and $2.80.
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FAQ

What is the current stock price of BRIGHT HORIZONS FAMILY SOLUTIONS (BFAM)?

The current stock price of BRIGHT HORIZONS FAMILY SOLUTIONS (BFAM) is $108.26 as of December 20, 2024.

What is the market cap of BRIGHT HORIZONS FAMILY SOLUTIONS (BFAM)?

The market cap of BRIGHT HORIZONS FAMILY SOLUTIONS (BFAM) is approximately 6.2B.

What does Bright Horizons Family Solutions Inc. do?

Bright Horizons provides education and care solutions to help employers support their employees in achieving work-life balance.

What are the main business segments of Bright Horizons?

The main business segments are full-service center-based child care, backup care, and educational advisory services.

How many child care centers does Bright Horizons operate?

Bright Horizons operates over 1,000 child care centers globally.

What is the primary revenue generator for Bright Horizons?

The primary revenue generator is the full-service center-based child care segment.

What other services does Bright Horizons offer?

Other services include in-home child and elder care, tuition assistance, and education consulting.

Which regions contribute to the majority of Bright Horizons' revenue?

More than half of Bright Horizons' revenue is generated in North America.

What recognition has Bright Horizons received?

Bright Horizons has been recognized on lists such as Fortune's “Best Companies to Work For” and Working Mother's top workplace lists.

How does Bright Horizons support working parents?

Bright Horizons supports working parents through child care centers, backup care, and educational advisory services.

When was Bright Horizons founded?

Bright Horizons was founded in 1986.

What is the stock symbol for Bright Horizons Family Solutions Inc.?

The stock symbol for Bright Horizons is BFAM.

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

NYSE:BFAM

BFAM Rankings

BFAM Stock Data

6.18B
57.56M
1.07%
103.91%
1.24%
Personal Services
Services-child Day Care Services
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