Cathy E. Minehan
On March 26, 2025, Cathy E. Minehan, a member of the Bright Horizons Family Solutions Inc. (the “Company”) Board of Directors (the “Board”), informed the Board of her intent to retire from the Board, effective June 3, 2025.
Highest-materiality recent filing
All six director nominees elected with >90% support; top vote-getter Jennifer Schulz with 45,168,103 for.
Bright Horizons secures $375M term loan, ups revolver to $1B with 2030 maturity
Issued $375M 2026 Term A Loans; proceeds used to repay $375M existing revolver loans.
Bright Horizons Q1 revenue $712M (+7% YoY), EPS $0.62, net income down 10%
Revenue $712M, up 7% YoY; operating income $65M, up 4%.
Bright Horizons authorizes new $600M share repurchase program, replacing prior $500M plan
Board authorized up to $600M (excl. fees) of common stock repurchases, effective March 9, 2026.
Bright Horizons Q4 revenue up 9% to $734M but net income falls 25% to $22M; EPS $0.38
Revenue of $734M (+9% YoY); income from operations $45M (-6%).
Bright Horizons Q3 revenue up 12% to $803M, EPS $1.37, up 46% YoY
Revenue of $803M (+12% YoY); income from operations $121M (+35%); net income $79M.
Bright Horizons closes $450M Term B loan facility, extends maturity to 2032
New $450M 2025 Term B Loan refinances existing term loans; matures August 21, 2032.
Bright Horizons Q2 revenue $732M (+9%), EPS $0.95 (+42%)
Revenue $732M (+9% YoY); income from operations $86M (+25%).
Bright Horizons authorizes new $500M share repurchase program, replacing prior $400M plan
Board authorized $500M buyback effective June 3, 2025; replaces prior $400M authorization with ~$58.9M remaining.
Bright Horizons Q1 revenue $666M (+7%), EPS $0.66 (+128%), raises FY2025 guidance
Revenue of $666M, up 7% YoY; income from operations $62M, up 56%.
Bright Horizons refinances $362.5M term loans with $900M revolving facility
New $900M revolving loan facility; $362.5M drawn plus cash repaid all Term A Loans.
Bright Horizons board member Cathy Minehan to retire June 3, 2025
Cathy Minehan will retire from Bright Horizons board effective June 3, 2025.
Bright Horizons Q4 EPS surges 456% to $0.50; revenue up 10% to $674M
Q4 revenue $674M, +10% YoY.
Bright Horizons refinances $583.5M Term B loans, cuts spread by 25 bps
New $583.5M Term B loan facility replaces existing Term B loans; maturity unchanged at Nov 23, 2028.
Bright Horizons Q3 revenue $719M (+11% YoY), net income $55M, EPS $0.94 (+36%)
Revenue of $719M, up 11% from prior-year quarter.
Bright Horizons appoints Jennifer Schulz to board of directors
Jennifer Schulz, CEO of Experian North America, appointed to the board effective Sept 17, 2024.
Bright Horizons Q2 revenue $670M (+11%), EPS $0.67 (+91%), guidance updated
Revenue of $670M, up 11% YoY; income from operations $69M, up 52%.
Declassification amendment passed with 97.4% of votes cast in favor.
Bright Horizons Q1 revenue $623M (+12% YoY), EPS $0.29 vs $0.14; reaffirms FY2024 guidance
Revenue $623M (+12% YoY); income from operations $40M (+30%); net income $17M (+109%).
Bright Horizons director Sara Lawrence-Lightfoot to retire after 30+ years, effective June 5, 2024
Dr. Lawrence-Lightfoot has served on the Board since 1993 and is a member of the Nominating and Corporate Governance Committee.
Bright Horizons Q4 revenue +16% to $616M; GAAP EPS $0.09 vs $0.31; 2024 guidance $3.00-3.20 adj. EPS
Full year 2023 revenue $2.4B (+20%); adj. net income $164M (+8%); dil. adj. EPS $2.84 vs $2.60.
On March 26, 2025, Cathy E. Minehan, a member of the Bright Horizons Family Solutions Inc. (the “Company”) Board of Directors (the “Board”), informed the Board of her intent to retire from the Board, effective June 3, 2025.
On September 17, 2024, the Board of Directors (the “Board”) of Bright Horizons Family Solutions Inc. (the “Company”) appointed Jennifer Schulz as a member of the Board effective immediately.
Dr. Sara Lawrence-Lightfoot retired from the Company’s Board of Directors (the “ Board ”) effective June 5, 2024
On March 28, 2024, Dr. Sara Lawrence-Lightfoot, a member of the Bright Horizons Family Solutions Inc. (the “Company”) Board of Directors (the “Board”), informed the Board of her intent to retire from the Board after more than thirty years of service, effective June 5, 2024.
Max materiality 0.85 · Median 0.65 · Most common event earnings