NYSE:BFAM

Parents Poised to Quit Jobs if Boss Doesn’t Step Up

Retrieved on: 
Wednesday, May 8, 2024
Men, Professional Services, Family, Consumer, Preschool, Primary, Secondary, Parenting, Education, Children, Baby, Maternity, Women, Human Resources, The Harris Poll, Organization, MFI, BFAM, Workplace, Research, Parent, Hope

The research reveals their willingness to pause family planning until they find a job at a company that offers family-friendly benefits.

Key Points: 
  • The research reveals their willingness to pause family planning until they find a job at a company that offers family-friendly benefits.
  • Since 2014, the MFI has explored the experiences and sentiments of working parents as they’ve navigated balancing work with their familial/life responsibilities.
  • While worries from 2014 may have ebbed somewhat in 2024, they haven’t disappeared, and parents are emboldened in their expectations.
  • In contrast to their 2014 counterparts, today’s parents seem more optimistic about the future of working and parenting.

Bright Horizons Family Solutions Reports Financial Results for First Quarter of 2024

Retrieved on: 
Thursday, May 2, 2024
Other Consumer, Parenting, Children, Baby, Maternity, Family, Other Education, Preschool, Consumer, Education, BFAM, Bright Horizons, Investment, Depreciation, Life, Acquisition, Child care, Full service, GAAP, Growth, Interest

Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the first quarter of 2024 and reaffirmed financial guidance for 2024 initially provided on February 13, 2024.

Key Points: 
  • Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the first quarter of 2024 and reaffirmed financial guidance for 2024 initially provided on February 13, 2024.
  • Income from operations was $39.9 million for the first quarter of 2024 compared to $30.6 million for the first quarter of 2023, an increase of 30%.
  • Diluted earnings per common share was $0.29 for the first quarter of 2024 compared to $0.14 for the first quarter of 2023.
  • Bright Horizons Family Solutions will host an investor conference call today at 5:00 pm ET to discuss the results for the first quarter of 2024, as well as the Company’s updated business outlook, strategy and operating expectations.

Bright Horizons Family Solutions Announces Date of First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Thursday, April 18, 2024
Family, Education, Consumer, Women, Children, Other Education, Men, BFAM, Bright Horizons, Interest, Video game

Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended March 31, 2024 on Thursday, May 2, 2024, after the stock market closes.

Key Points: 
  • Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended March 31, 2024 on Thursday, May 2, 2024, after the stock market closes.
  • Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m.
  • Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for international callers, 1-201-689-8470, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer.
  • The first quarter 2024 earnings release and a link to the audio webcast of the conference call will be available through the Investor Relations section of the Company's web site, www.brighthorizons.com .

Bright Horizons Debuts New Season of The Work-Life Equation Podcast, Introducing Paul Sullivan as New Co-Host

Retrieved on: 
Monday, February 26, 2024
Other Consumer, Parenting, Children, Baby, Maternity, Family, Other Education, Preschool, Consumer, Education, The Wall Street Journal, Stitcher, Carey Business School, The, Caregiver, Doctor of Philosophy, Money, GOLF, MD, Marketing, University, Father, Public health, Parent, Digital, The New York Times, BFAM, Transformation, Associate, Golf Magazine, Apple Podcasts, PwC, Equation, Pediatrics, Horizon, Bright Horizons

Bright Horizons (NYSE: BFAM), a leading education and care company, announces the anticipated next season of The Work-Life Equation Podcast .

Key Points: 
  • Bright Horizons (NYSE: BFAM), a leading education and care company, announces the anticipated next season of The Work-Life Equation Podcast .
  • This season, Bright Horizons Chief Digital and Transformation Officer Priya Krishnan welcomes Paul Sullivan, founder of The Company of Dads, as the new co-host.
  • “I was a guest last year, and of all the podcasts I was on, The Work-Life Equation stood out for its wit and relevance,” said Paul Sullivan.
  • The Work-Life Equation is also available across podcast hosting platforms including Apple Podcasts , Spotify , Stitcher and YouTube .

Bright Horizons Family Solutions Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024
Preschool, Human Resources, Parenting, Family, Baby, Maternity, Professional Services, Consumer, Education, Investment, Interest, Full service, Child care, Growth, Bright Horizons, Life, BFAM, GAAP, Tax, Depreciation, Video game

Bright Horizons Family Solutions® Inc. (NYSE: BFAM) today announced financial results for the fourth quarter and full year of 2023 and provided guidance for 2024.

Key Points: 
  • Bright Horizons Family Solutions® Inc. (NYSE: BFAM) today announced financial results for the fourth quarter and full year of 2023 and provided guidance for 2024.
  • Year Ended December 31, 2023 Highlights (compared to Year Ended December 31, 2022):
    “I am pleased to report solid financial results for the fourth quarter of 2023,” said Stephen Kramer, Chief Executive Officer.
  • Income from operations was $28.2 million for the fourth quarter of 2023 compared to $39.6 million for the fourth quarter of 2022, a decrease of 29%.
  • Diluted earnings per common share was $0.09 for the fourth quarter of 2023 compared to $0.31 for the fourth quarter of 2022.

Bright Horizons Family Solutions Announces Date of Fourth Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Tuesday, January 30, 2024
Primary, Secondary, Family, Education, Consumer, Parenting, Children, Interest, BFAM, Bright Horizons, Video game

Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended December 31, 2023 on Tuesday, February 13, 2024, after the stock market closes.

Key Points: 
  • Bright Horizons Family Solutions® Inc. (NYSE: BFAM) will release results for the quarter ended December 31, 2023 on Tuesday, February 13, 2024, after the stock market closes.
  • Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m.
  • ET to discuss the fourth quarter 2023, the Company’s updated business outlook, its strategy and results.
  • The fourth quarter 2023 earnings release and a link to the audio webcast of the conference call will be available through the Investor Relations section of the Company's web site, www.brighthorizons.com .

Bright Horizons Named a 2023 Top Place to Work by The Boston Globe

Retrieved on: 
Thursday, November 30, 2023
Other Consumer, Parenting, Children, Baby, Maternity, Family, Other Education, Continuing, Preschool, Consumer, Education, NYSE, Horizon, Culture, Intelligence, BFAM, Curriculum, Work, Employee resource group, Bright Horizons

Bright Horizons (NYSE:BFAM) today announced that it has been named one of the Top Places to Work in Massachusetts by the Boston Globe, joining a remarkable list of employers across the state.

Key Points: 
  • Bright Horizons (NYSE:BFAM) today announced that it has been named one of the Top Places to Work in Massachusetts by the Boston Globe, joining a remarkable list of employers across the state.
  • In the 16th annual employee-based survey project from the Boston Globe, Bright Horizons ranked 9th in the largest companies category, and was the only education and care company to make the list.
  • “The work we do is deeply consequential and has a lasting impact on the lives of others through education and care,” said Stephen Kramer, CEO of Bright Horizons.
  • Moreover, Bright Horizons offers teachers and center staff the opportunity to earn a college degree for free through its first-of-its-kind program, the Horizons Teacher Degree Program .

Working Parents: Tis’ the Season for Stress and Mom Guilt?

Retrieved on: 
Monday, November 20, 2023
Men, Professional Services, Family, Training, Consumer, Preschool, Continuing, Primary, Secondary, Education, Parenting, Children, Women, Human Resources, Holiday, Guilt, Cooking, Woman, Pressure, Parent, Friends, Child, Bright Horizons, FSA, Opinium Research, Work, Child care, Toy

According to a survey of 500 employed U.S. parents of young children, commissioned by Bright Horizons and conducted by Opinium, among working parents who have increased stress levels during the holidays, 68% report that juggling work and child care is one of the top sources of increased stress during the holiday season.

Key Points: 
  • According to a survey of 500 employed U.S. parents of young children, commissioned by Bright Horizons and conducted by Opinium, among working parents who have increased stress levels during the holidays, 68% report that juggling work and child care is one of the top sources of increased stress during the holiday season.
  • One area where working parents increasingly need support amid the holiday season is child care, with nearly half (47%) reporting that working while their children are on break has left them needing additional help.
  • Employers need to provide these benefits to parents not only in the holiday season but year-round to lessen the load and alleviate working parent guilt.
  • The survey was administered to 500 employed U.S. adults (part-time or full-time) with children ages 0-12 years of age between October 13-17, 2023 by Opinium.

Student Loan Debt Stress is Disrupting the School-to-Work Trajectory

Retrieved on: 
Tuesday, November 7, 2023
Parenting, Human Resources, Professional Services, Family, Other Education, Continuing, Training, University, Consumer, Education, BFAM, The Harris Poll, Gen, NYSE, Generation Z, Workforce, Senior, Bright Horizons, Retirement, Education Index, Woman, Nursing, Management, Baby boomers, Millennials, Generation X

Collectively, this is fueling how and when they enter the workforce, as well as what they want from employers to achieve what is ultimately mutually beneficial upskilling.

Key Points: 
  • Collectively, this is fueling how and when they enter the workforce, as well as what they want from employers to achieve what is ultimately mutually beneficial upskilling.
  • Yet the desire to avoid large amounts of debt has many prioritizing return-on-investment over prestigious degrees, choosing to work for employers willing to cover a portion of the cost.
  • “With student loan payments restarting and mounting concerns around AI upending industries, employees are seeking both stability and support more than ever before,” said Diane Bartoli, Senior Vice President of EdAssist by Bright Horizons.
  • “These stressors are also empowering many to think beyond traditional college programs and work trajectories to achieve both their career and financial goals.

Bright Horizons Family Solutions Reports Third Quarter of 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023
Preschool, Family, Professional Services, Education, Consumer, Parenting, Human Resources, BFAM, NYSE, Tax, Life, EBITDA, GAAP, Increment, Bright Horizons, Child care, Growth, Interest, EPS, COVID-19, Depreciation, Investment, Nursing, Pharmaceutical industry, Video game

Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the third quarter of 2023 and updated financial guidance for 2023.

Key Points: 
  • Bright Horizons Family Solutions® Inc. (NYSE: BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the third quarter of 2023 and updated financial guidance for 2023.
  • Income from operations was $66.8 million for the third quarter of 2023 compared to $39.0 million for the third quarter of 2022, an increase of 71%.
  • Diluted earnings per common share was $0.69 for the third quarter of 2023 compared to $0.31 for the third quarter of 2022.
  • Bright Horizons Family Solutions will host an investor conference call today at 5:00 pm ET to discuss the results for the third quarter of 2023, as well as the Company’s updated business outlook, strategy and operating expectations.