{"schema_version":"secwatch.filing_event.v1","accession":"0001437578-23-000007","form_type":"8-K","ticker":"BFAM","cik":"0001437578","company_name":"BRIGHT HORIZONS FAMILY SOLUTIONS INC.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.872672+00:00","generated_at":"2026-06-16T03:15:55.730307+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bright Horizons Q1 revenue +20% to $554M; net income down 58%; reaffirms FY23 guidance","bullets":["Revenue $554M (+20% YoY); net income $8M ($0.14 diluted EPS) down 58% from $19.4M.","Adjusted EBITDA $70M (+11%); adjusted EPS $0.49 (+4% YoY).","FY2023 revenue guidance reaffirmed at $2.3-$2.4B; adjusted EPS guidance $2.80-$3.00.","Operated 1,076 early education centers as of Mar 31; 75 Australia centers acquired in July 2022 contributed.","Generated $67M cash from ops, spent $18M capex; recorded $6M one-time VAT expense in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001437578-23-000007","json":"https://secwatch.observer/filing/0001437578-23-000007.json","markdown":"https://secwatch.observer/filing/0001437578-23-000007.md","text":"https://secwatch.observer/filing/0001437578-23-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437578/000143757823000007/0001437578-23-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437578/000143757823000007/bfam-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:15:55.730307+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ce8ef2f0dd676830bddbc0962fe8121d1d6aa39d","claim":"BRIGHT HORIZONS FAMILY SOLUTIONS INC. reported the fiscal quarter ended March 31, 2023 results: revenue $554 million, net income $8.1 million, EPS $0.14 per diluted share. Guidance reaffirmed.","evidence_excerpt":"financial results for the first quarter of 2023 and reaffirmed financial guidance for 2023. First Quarter 2023 Highlights (compared to First Quarter 2022): • Revenue of $554 million (increase of 20%) • Income from operations of $31 million (decrease of 2%) • Net income of $8 million and diluted earnings per common share of $0.14 (decreases of 58%) Non-GAAP","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437578/000143757823000007/0001437578-23-000007-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2023"},{"label":"Revenue","value":"$554 million"},{"label":"Net income","value":"$8.1 million"},{"label":"EPS","value":"$0.14 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}