Bright Horizons Family Solutions Inc. (BFAM) posted fourth-quarter net income attributable to the company of $4.17 million, compared to $3.96 million in the year-ago quarter.
Adjusted net income for the latest fourth quarter was $9.4 million, up from $8.5 million in the previous year period.
Revenue for the quarter rose to $273.43 million from $248.89 million in the comparable quarter last year, while eight analysts expected revenues of $271.02 million for the quarter.
For fiscal 2013, the company expects revenue growth in the high single digits of 8-10% and Adjusted net income ranging from $76-$79 million in 2013.
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