Bright Horizons Fam Sol In Del Stock Price, News & Analysis

Bright Horizons Family Solutions (NYSE: BFAM) will announce its financial results for Q3 2022 on November 1, 2022, after market closing. A conference call will follow at 5:00 p.m. ET to discuss the earnings and business outlook. The company operates around 1,100 centers globally and serves over 1,350 employers.

For further updates, the earnings release and call details will be available on their website.

Citi has launched a new Education Benefits Program in partnership with EdAssist by Bright Horizons, focusing on enhancing employee skills and career growth. This program, available to all U.S.-based employees, expands upon previous tuition reimbursement offerings by covering upfront costs for degrees from five partner schools, including CSU Global and University of Maryland Global Campus. Additionally, it provides tuition assistance for various educational programs and access to success coaches. The initiative aims to remove financial barriers and supports Citi's commitment to employee development.

Bright Horizons (NYSE: BFAM) has been recognized as one of the 2022 PEOPLE Companies that Care, ranking 18th among U.S. companies. This accolade reflects their commitment to employee care, community support, and environmental consideration. This is Bright Horizons’ second appearance on the prestigious list, which evaluates companies based on employee feedback and workplace culture analytics from Great Place to Work. The recognition underscores the company's dedication to fostering a caring workplace culture.

Bright Horizons Family Solutions (NYSE: BFAM) announced Q2 2022 results, reporting revenue of $490 million, an 11% increase compared to Q2 2021. Net income rose 33% to $25 million, with diluted earnings per share at $0.42, up 35%. Adjusted metrics also showed significant growth, including adjusted EBITDA of $83 million (22% increase) and diluted adjusted EPS of $0.71 (45% increase). The company completed the acquisition of Only About Children on July 1, 2022, enhancing growth prospects despite ongoing challenges from COVID-19.

Bright Horizons Family Solutions (NYSE: BFAM) will announce its financial results for the quarter ending June 30, 2022, on August 2, 2022, after market close. A conference call will follow at 5:00 p.m. ET for investors and analysts to discuss the results and business outlook. The earnings release and an audio webcast link will be available on the company's website. Bright Horizons is a leading global provider of early education and child care services, operating around 1,000 centers across multiple countries.

OhioHealth has launched an enhanced education benefits program aimed at over 30,000 associates to remove financial barriers to education. The initiative, developed with EdAssist by Bright Horizons, offers up to $5,250 in tuition reimbursement and covers upfront costs such as textbooks and fees. Associates can access these benefits from their first day of employment. The program aims to fill critical healthcare roles while supporting workforce development and retention. OhioHealth’s commitment includes partnerships with over 50 educational institutions.

Bright Horizons has released its eighth-annual Modern Family Index, revealing that the pandemic has prompted significant introspection among working parents. Approximately 60% of parents feel their job benefits are inadequate for family care, valuing flexible support almost as much as salary increases. As stress levels rise, 90% of parents seek employer support, yet only 53% report any policy updates. The findings highlight a critical opportunity for employers to enhance family-oriented benefits to retain employees and improve job satisfaction.