July 26, 2017 5:04 AM ET

Diversified Consumer Services

Company Overview of Bright Horizons Family Solutions Inc.

Company Overview

Bright Horizons Family Solutions Inc. provides child care, early education, and other services for employers and families. It operates through Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services segments. The Full Service Center-Based Child Care segment offers traditional center-based child care, preschool, and elementary education services. The Back-Up Dependent Care segment provides center-based back-up child care, in-home care, mildly-ill child care, and adult/elder care services. The Other Educational Advisory Services segment offers college preparation and admissions counseling, tuition reimbursement program administration, and related c...

200 Talcott Avenue South

Watertown, MA 02472

United States

Founded in 1986

31,200 Employees

Phone:

617-673-8000

Fax:

617-673-8001

Key Executives for Bright Horizons Family Solutions Inc.

Chief Executive Officer & Director
Age: 51
Total Annual Compensation: $625.7K
President
Age: 46
Total Annual Compensation: $450.0K
Chief Financial Officer
Age: 57
Total Annual Compensation: $430.3K
Chief Operating Officer of North America Center Operations
Age: 52
Total Annual Compensation: $420.0K
Executive VP & Chief Administrative Officer
Age: 46
Total Annual Compensation: $371.3K
Compensation as of Fiscal Year 2016.

Bright Horizons Family Solutions Inc. Key Developments

Bright Horizons Family Solutions, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the Second Quarter Ending June 30, 2017 and Year Ending December 31, 2017

Bright Horizons Family Solutions Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company's revenue was $422,164,000 against $385,322,000 a year ago. Income from operations was $51,404,000 against $48,597,000 a year ago. Income before income taxes was $40,630,000 against $37,913,000 a year ago. Net income was $41,374,000 or $0.68 per diluted share against $24,727,000 or $0.40 per diluted share a year ago. Net cash provided by operating activities was $106,673,000 against $85,797,000 a year ago. Purchases of fixed assets, net were $19,894,000 against $10,637,000 a year ago. Adjusted income from operations was $51,404,000 against $48,803,000 a year ago. EBITDA was $74,818,000 against $69,122,000 a year ago. Adjusted EBITDA was $78,348,000 against $72,350,000 a year ago. Adjusted income before tax was $50,391,000 against $47,864,000 a year ago. Adjusted net income was $36,904,000 or $0.61 per diluted share against $31,112,000 or $0.51 per diluted share a year ago. For the second quarter ending June 30, 2017, the company expects net income of $30,800,000 to $31,500,000, income before tax of $45,700,000 to $46,800,000, adjusted net income of $43,200,000 to $44,300,000, diluted earning per common share of $0.50 to $0.52 and diluted adjusted earnings per common share of $0.70 to $0.72. For the full year ending December 31, 2017, the company expects net income of $128,000,000 to $130,000,000, income before tax of $168,800,000 to $171,200,000, adjusted net income of $157,100,000 to $159,800,000, diluted earning per common share of $2.09 to $2.12 and diluted adjusted earnings per common share of $2.57 to $2.61.

Bright Horizons Family Solutions Inc. Presents at Baird's 2017 Global Consumer, Technology & Services Conference, Jun-06-2017 02:00 PM

Bright Horizons Family Solutions Inc. Presents at Baird's 2017 Global Consumer, Technology & Services Conference, Jun-06-2017 02:00 PM. Venue: InterContinental New York Barclay Hotel, 111 East 48th Street, New York, New York, United States.

Bright Horizons Family Solutions Inc. to Report Q1, 2017 Results on May 04, 2017

Bright Horizons Family Solutions Inc. announced that they will report Q1, 2017 results at 5:00 PM, Eastern Standard Time on May 04, 2017

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