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Why Bright Horizons Family Solutions Stock Soared Today
BFAMBright Horizons Family Solutions(BFAM) The Motley Fool·2024-02-15 00:41

Shares of Bright Horizons Family Solutions (BFAM 10.37%) jumped 10.3% on Wednesday after the child care and workforce education services provider delivered stronger-than-expected quarterly results.Bright Horizons nurtures a solid quarterBright Horizons' fourth-quarter 2023 revenue grew 16% year over year to 616million,whileitsadjusted(non−generallyacceptedaccountingprinciples,ornon−GAAP)netincomerose9616 million, while its adjusted (non-generally accepted accounting principles, or non-GAAP) net income rose 9% to 48 million, or $0.83 per share. Wall Street analysts, on average, were only modeling ea ...