Bright Horizons Family Solutions Inc. (NYSE:BFAM) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET

Company Participants

Michael Flanagan - Senior Director of Investor Relations

Stephen Kramer - Chief Executive Officer

Elizabeth Boland - Chief Financial Officer

Conference Call Participants

Andrew Steinerman - JPMorgan Chase & Co.

Manav Patnaik - Barclays

George Tong - Goldman Sachs

Jeffrey Silber - BMO Capital Markets

Hamzah Mazari - Jefferies Group LLC

Jeff Miller - Robert W. Baird & Co.

Toni Kaplan - Morgan Stanley

Faiza Alwy - Deutsche Bank

Operator

Greetings, ladies and gentlemen, and welcome to Bright Horizons Family Solutions Second Quarter of 2022 Earnings Conference Call. At this time, all participants are in listen-only mode. The question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I’d now like to turn the conference over to your host, Mr. Michael Flanagan, Senior Director of Investor Relations. Please go ahead, sir.

Michael Flanagan

Thank you, Judie [ph], and hello to everyone on the call tonight. With me here are Stephen Kramer, our Chief Executive Officer; and Elizabeth Boland, our Chief Financial Officer. I’ll turn the call over to Stephen after covering a few administrative matters. Today’s call is being webcast and a recording will be available under the Investor Relations section of our website, brighthorizons.com.

As a reminder to participants, any forward-looking statements made on this call, including those regarding future business and financial performance, including the impact of acquisitions in COVID-19 on our operations are subject to safe harbor statement included in our earnings release.

Forward-looking statements inherently involve risks and uncertainties that may cause actual operating and financial results to differ materially and are described in detail in our 2021 Form 10-K and other SEC filings. Any forward-looking statements speaks only as of the date on which is made, and we undertake no obligation to update any forward-looking statements. We may also refer today to non-GAAP financial measures, which are detailed and reconciled to the GAAP counterparts in our earnings release, which is available under the IR section of our website.

Stephen will now take us through the review and update of the business.

Stephen Kramer

Thanks, Mike. Hello, everyone on the call, and thank you for joining us this evening. I hope that you and your families are doing well. I’ll start tonight with a view of our second quarter results and provide an update on the business and plans for the remainder of 2022. Elizabeth will follow with a more detailed review of the numbers before we open it up for your questions.