secwatch.observer — SEC 8-K summary
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Issuer:     BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM)
CIK:        0001437578
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001437578-21-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Horizons Q2 2021: Revenue $441M (+50%), Net Income $19M, Adj. EBITDA $68M
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- Revenue of $441M increased 50% YoY; net income $18.8M vs $0.4M; diluted EPS $0.31.
- Adjusted EBITDA $68M (+13% YoY); adjusted diluted EPS $0.49 (+11%).
- Full-service child care revenue improved on higher enrollment and center re-openings; back-up care revenue declined vs Q2 2020 pandemic spike.
- Operated 1,006 centers as of June 30, 2021 with ~920 open; capacity to serve ~113,000 children.
- Cash and equivalents $419M; $400M revolver available; no FY 2021 guidance provided due to COVID uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437578/000143757821000019/0001437578-21-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437578/000143757821000019/bfam-20210804.htm
  HTML page:      https://secwatch.observer/filing/0001437578-21-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer