secwatch.observer — SEC 8-K summary
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Issuer:     BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM)
CIK:        0001437578
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001437578-23-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437578/000143757823000023/0001437578-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437578/000143757823000023/bfam-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001437578-23-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer