Bright Horizons Q4 revenue $530M (+15% YoY); guides FY23 adj. EPS $2.80-$3.00

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

2022-FY EPS reported $1.37 revenue$2,020,487,000

Q4 2022 revenue $530M (+15% YoY), net income $18M, diluted EPS $0.31; adj. diluted EPS $0.77.
Full year 2022 revenue $2B (+15%), net income $81M, diluted EPS $1.37; adj. diluted EPS $2.60 (+31%).
2023 guidance: revenue $2.3-$2.4B, adj. diluted EPS $2.80-$3.00.
Cash from operations $188.5M in 2022; capex and acquisitions totaled $278M.
Cash $36.2M, $310.8M available under revolving credit facility at Dec 31, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BRIGHT HORIZONS FAMILY SOLUTIONS INC. updated its the year 2023 guidance (reaffirmed).

Period: the year 2023
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

we currently expect fiscal year 2023 revenue to be in the range of $2.3 billion to $2.4 billion, and diluted adjusted earnings per common share to be in the range

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BRIGHT HORIZONS FAMILY SOLUTIONS INC. reported financial results for the fiscal quarter and year ended December 31, 2022.

Period: the fiscal quarter and year ended December 31, 2022
Result: reported results

Exact text from the filing

On February 16, 2023, Bright Horizons Family Solutions Inc. issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2022 and provided financial guidance for the year 2023.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BRIGHT HORIZONS FAMILY SOLUTIONS INC. reported financial results for fourth quarter and full year of 2022.

Period: fourth quarter and full year of 2022
Result: reported results

Exact text from the filing

today announced financial results for the fourth quarter and full year of 2022 and provided guidance for 2023.

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BRIGHT HORIZONS FAMILY SOLUTIONS INC. filing history →

Source: SEC EDGAR

accession 0001437578-23-000002

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