Bright Horizons Files 8-K for Financial Results Disclosure
Ticker: BFAM · Form: 8-K · Filed: 2024-02-13T00:00:00.000Z
Sentiment: neutral
Topics: earnings, financial-results, 8-K, disclosure
TL;DR
**Bright Horizons just filed an 8-K announcing financial results, but the actual numbers aren't in this snippet.**
AI Summary
BRIGHT HORIZONS FAMILY SOLUTIONS INC. (CIK: 0001437578) filed an 8-K on February 13, 2024, to report on its results of operations and financial condition, along with related financial statements and exhibits. This filing, under SEC File Number 001-35780, indicates a standard disclosure of the company's financial performance. The specific financial figures and detailed results are not included in the provided excerpt of the filing.
Why It Matters
This 8-K signals that Bright Horizons is disclosing its latest financial performance, which is crucial for investors to assess the company's health and future prospects. It provides transparency into the company's operations and financial standing.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which is a standard corporate event and does not inherently indicate high risk without the actual financial data.
Key Players & Entities
- BRIGHT HORIZONS FAMILY SOLUTIONS INC. (company) — registrant
- Delaware (company) — state of incorporation
- 2 Wells Avenue Newton, Massachusetts 02459 (company) — principal executive offices
- 0001437578 (company) — Central Index Key (CIK)
- 001-35780 (company) — Commission File Number
- 80-0188269 (company) — I.R.S. Employer Identification Number
- February 13, 2024 (date) — date of earliest event reported
FAQ
What is the full legal name of the registrant filing this 8-K?
The full legal name of the registrant is BRIGHT HORIZONS FAMILY SOLUTIONS INC.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is February 13, 2024.
What specific items are being reported in this 8-K filing?
This 8-K filing reports on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits'.
What is the Central Index Key (CIK) for BRIGHT HORIZONS FAMILY SOLUTIONS INC.?
The Central Index Key (CIK) for BRIGHT HORIZONS FAMILY SOLUTIONS INC. is 0001437578.
What is the business phone number for the registrant?
The registrant's business phone number is (617) 673-8000.
Filing Stats: 652 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2024-02-13 16:24:57
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share BFAM New York Stock
Filing Documents
- bfam-20240213.htm (8-K) — 31KB
- bfam-123123xex991.htm (EX-99.1) — 305KB
- bfam-123123xex992.htm (EX-99.2) — 46KB
- 0001437578-24-000003.txt ( ) — 536KB
- bfam-20240213.xsd (EX-101.SCH) — 2KB
- bfam-20240213_lab.xml (EX-101.LAB) — 24KB
- bfam-20240213_pre.xml (EX-101.PRE) — 12KB
- bfam-20240213_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 13, 2024, Bright Horizons Family Solutions Inc. ("Bright Horizons" or the "Company") issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023 and provided financial guidance for the year 2024. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. Effective January 1, 2024, Bright Horizons realigned its organizational structure to better reflect synergies across certain business lines resulting in a change in reportable segments. The Company's Back-up Care segment will now include the Sittercity operations, which were previously reported in the Educational Advisory and Other Services segment. Recast segment revenue, income from operations and adjusted income from operations for the quarterly periods in the year ended December 31, 2023 are included in Exhibit 99.2 to assist investors when reviewing financial results in 2024. The recast of previously issued financial information does not represent a restatement of previously issued financial statements and does not affect our reported net income, earnings per share, total assets, or stockholders' equity for any of the previously reported periods. The information contained in this Item, including Exhibits 99.1 and 99.2, each attached hereto, are being furnished and shall not be deemed "filed" for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in any such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits 99.1 Press Release of Bright Horizons Family Solutions Inc. dated February 13, 2024. 99.2 Bright Horizons Family Solutions Recast Segment Financial Information for 2023. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BRIGHT HORIZONS FAMILY SOLUTIONS INC. Date: February 13, 2024 By: /s/ Elizabeth Boland Elizabeth Boland Chief Financial Officer