---
schema_version: "secwatch.filing_event.v1"
accession: "0001437578-23-000023"
form_type: "8-K"
ticker: "BFAM"
cik: "0001437578"
company_name: "BRIGHT HORIZONS FAMILY SOLUTIONS INC."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:20:27.348188+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bright Horizons Q3 revenue $646M (+20% YoY); adj. EPS $0.88 beats guidance

## Summary
- Revenue $646M, up 20% YoY; net income $40M vs $18.2M; diluted EPS $0.69 vs $0.31.
- Adjusted EBITDA $101M (+26%), adjusted net income $51M (+34%), adj. EPS $0.88 (+33%).
- Full-service segment revenue +17%; back-up care record quarter with >30% YoY growth.
- FY2023 guidance: revenue $2.375-2.4B, adj. EPS $2.73-2.78.
- Operated 1,063 early education centers as of Sept 30, 2023.

## SEC filing metadata
- accession: 0001437578-23-000023
- form_type: 8-K
- ticker: BFAM
- cik: 0001437578
- company_name: BRIGHT HORIZONS FAMILY SOLUTIONS INC.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437578/000143757823000023/0001437578-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437578/000143757823000023/bfam-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437578-23-000023
- JSON: https://secwatch.observer/filing/0001437578-23-000023.json
- Plain text: https://secwatch.observer/filing/0001437578-23-000023.txt

## Key facts
- Earnings Releases
  BRIGHT HORIZONS FAMILY SOLUTIONS INC. reported the third quarter of 2023 results: revenue $646 million, net income $40 million, EPS $0.69. Guidance reaffirmed.
  - Period: the third quarter of 2023
  - Revenue: $646 million
  - Net income: $40 million
  - EPS: $0.69
  - Guidance: reaffirmed
  - Result: reported results
  source text: announced financial results for the third quarter of 2023 and updated financial guidance for 2023. Third Quarter 2023 Highlights (compared to Third Quarter 2022): • Revenue of $646 million (increase of 20%) • Income from operations of $67 million (increase of 71%) • Net income of $40 million and diluted earnings per common share of $0.69 (increases of 119% and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437578/000143757823000023/0001437578-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.