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

Bright Horizons is hosting its second annual virtual National Hiring Day on February 1st, aiming to fill hundreds of full-time Teacher and Associate Teacher positions across its childcare centers. The company offers significant benefits, including free early education college degrees through the Horizons Teacher Degree Program. Bright Horizons, recognized as one of FORTUNE’s “100 Best Companies to Work For,” emphasizes diversity and inclusion while providing extensive employee benefits such as 401(k) plans and health insurance.

Bright Horizons EdAssist Solutions has launched the Workforce Education Network to tackle workforce education challenges in the U.S. This initiative aims to enhance access to affordable, quality education while minimizing costs and time to degree completion for employees and employers. The founding partners include Western Governors University and the colleges of the Alamo College District. The network focuses on reskilling and upskilling, particularly for underrepresented groups, aiming to foster social mobility and productivity growth.

According to the seventh-annual Modern Family Index, commissioned by Bright Horizons, 50% of parents report increasing concerns over their children's mental load and mental health as the new school year approaches. Rachel Robertson from Bright Horizons emphasizes the importance of mindfulness in classrooms to alleviate stress. The organization's evidence-based curriculum focuses on developing social-emotional skills and includes mindfulness activities. Parents can access mindfulness resources via Bright Horizons' World at Home website and the Teach. Play. Love podcast.

Bright Horizons (NYSE:BFAM) has partnered with Major League Baseball (MLB) to enhance family-friendly benefits for employees returning to the office this fall. Nearly 46% of employees expect support in child care. MLB now provides back-up child and elder care, resources for babysitting, pet sitting, and tutoring. This initiative aims to ease the transition for working parents, helping them balance work and family responsibilities. Stephen Kramer, CEO of Bright Horizons, emphasizes that addressing child care concerns can significantly improve employee productivity.

Bright Horizons Family Solutions (NYSE: BFAM) reported a strong third quarter of 2021, with revenue rising 36% to $460 million compared to the same quarter in 2020. Net income reached $27 million, leading to diluted earnings per share of $0.44, a significant improvement from a loss in the previous year. Adjusted EBITDA also increased by 163% to $79 million. The company re-opened 23 centers and added 19 new ones as it navigates the impacts of COVID-19. Despite this progress, the company refrains from providing full earnings guidance for the remainder of 2021 due to ongoing uncertainties related to the pandemic.

Bright Horizons Family Solutions Inc. (NYSE: BFAM) will release its third quarter 2021 results on November 2, 2021, after market close. A conference call with analysts and investors is scheduled for 5:00 p.m. ET the same day to discuss earnings, business outlook, and strategy. Interested participants can join by dialing 1-877-407-9039 or 1-201-689-8470 for international calls. The earnings release and a link to the audio webcast will be available on the company's website.

Bright Horizons EdAssist Solutions has partnered with Dutch Bros Coffee to launch an innovative Education Benefit Program. This program enables Dutch Bros employees to pursue degrees or certifications, promoting career and financial mobility. By covering education costs upfront, the initiative aims to eliminate financial barriers and support employee development. Dutch Bros operates over 480 locations across 11 states, emphasizing their commitment to employee success and community contributions.