earnings
confidence medium
sentiment positive
materiality 0.70
Bright Horizons Q2 revenue up 11% to $490M; adjusted EPS $0.71 (+45%); revises FY2022 guidance
BRIGHT HORIZONS FAMILY SOLUTIONS INC.
2022-Q2 EPS reported
$0.74
revenue$950,750,000
- Revenue $490M (+11% YoY); net income $25M; diluted EPS $0.42 (+35%).
- Adjusted EPS $0.71 (+45%); adjusted EBITDA $83M (+22%).
- Occupancy improved sequentially; traditional back-up use exceeded pre-COVID levels in June.
- Revises FY2022 guidance; specific numbers not included in provided excerpt.