Bright Horizons Family Solutions reported a decline in second-quarter profit. Earnings fell to $40.635 million, or $0.79 per share, from $54.775 million, or $0.95 per share, in the same period last year. Excluding items, adjusted earnings were $66.339 million, or $1.28 per share. Revenue rose 6.5% to $779.178 million from $731.570 million a year earlier. The company issued full-year guidance with earnings per share expected between $5.05 and $5.15 and revenue between $3.085 billion and $3.115 billion.
Bright Horizons Family Solutions IncSecond-quarter profit declined year-over-year, with GAAP EPS falling from $0.95 to $0.79.