Bright Horizons Family Solutions Inc Q4 Profit Rises

Bright Horizons Family Solutions Inc (BFAM) released earnings for its fourth quarter that increased from the same period last year

The company's bottom line totaled $29.1 million, or $0.50 per share. This compares with $5.5 million, or $0.09 per share, last year.

Excluding items, Bright Horizons Family Solutions Inc reported adjusted earnings of $57.4 million or $0.98 per share for the period.

The company's revenue for the period rose 9.5% to $674.1 million from $615.6 million last year.

Bright Horizons Family Solutions Inc earnings at a glance (GAAP) :

-Earnings: $29.1 Mln. vs. $5.5 Mln. last year.
-EPS: $0.50 vs. $0.09 last year.
-Revenue: $674.1 Mln vs. $615.6 Mln last year.

by RTTNews Staff Writer

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