Bright Horizons Family Solutions Q4 Profit Rises - Quick Facts

By RTT News,  March 13, 2013, 04:53:00 PM EDT


(RTTNews.com) - 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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This article appears in: News Headlines

Referenced Stocks: BFAM



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