{"schema_version":"secwatch.filing_event.v1","accession":"0001437578-23-000016","form_type":"8-K","ticker":"BFAM","cik":"0001437578","company_name":"BRIGHT HORIZONS FAMILY SOLUTIONS INC.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.924326+00:00","generated_at":"2026-06-12T17:41:28.694223+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bright Horizons Q2 2023: revenue $603M (+23%), net income $21M (-17%), adjusted EPS $0.64","bullets":["Revenue of $603M (+23% YoY); net income $20.6M (-17%); diluted EPS $0.35 vs $0.42.","Adjusted net income $36.8M; diluted adjusted EPS $0.64 vs $0.71.","Back-up care revenue +27% with record June utilization; full-service occupancy improved but cost pressures offset margin.","FY2023 guidance: revenue $2.35B–$2.4B; adjusted diluted EPS $2.70–$2.80.","Cash from operations $180M in H1 2023; operated 1,068 centers with 120,000 child capacity."],"urls":{"canonical":"https://secwatch.observer/filing/0001437578-23-000016","json":"https://secwatch.observer/filing/0001437578-23-000016.json","markdown":"https://secwatch.observer/filing/0001437578-23-000016.md","text":"https://secwatch.observer/filing/0001437578-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437578/000143757823000016/0001437578-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437578/000143757823000016/bfam-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T17:41:28.694223+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":"9aa909855f4a2f707ed4f50c95f40b0fa29df0c8","claim":"BRIGHT HORIZONS FAMILY SOLUTIONS INC. reported the second quarter of 2023 results: revenue $603 million, net income $21 million, EPS $0.35. Guidance lowered.","evidence_excerpt":"financial results for the second quarter of 2023 and updated financial guidance for 2023. Second Quarter 2023 Highlights (compared to Second Quarter 2022): • Revenue of $603 million (increase of 23%) • Income from operations of $46 million (decrease of 5%) • Net income of $21 million and diluted earnings per common share of $0.35 (decreases of 17%) Non-GAAP","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437578/000143757823000016/0001437578-23-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of 2023"},{"label":"Revenue","value":"$603 million"},{"label":"Net income","value":"$21 million"},{"label":"EPS","value":"$0.35"},{"label":"Guidance","value":"lowered"},{"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"}