Bright Horizons Swings To Q3 Loss Hurt By $290 Mln Impairment Charge
GlobeAlert Desk · curated from finanzen_at · austria · global
(RTTNews) - Bright Horizons Family Solutions Inc. (BFAM) on Thursday reported a third-quarter net loss compared with a profit a year earlier, as a $290 million goodwill impairment charge weighed on results, despite higher revenue. The company posted a net loss of $230.7 million, or $4.76 per share, compared with net income of $78.6 million, or $1.
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