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Bright Horizons Family Solutions' (BFAM) CEO Stephen Kramer on Q2 2021 Results - Earnings Call Transcript

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Bright Horizons Family Solutions Inc. (NYSE:BFAM) Q2 2021 Earnings Conference Call August 4, 2021 4:30 PM ET

Company Participants

Michael Flanagan – Senior Director of Investor Relations

Stephen Kramer – Chief Executive Officer

Elizabeth Boland – Chief Financial Officer

Conference Call Participants

Manav Patnaik – Barclays

George Tong – Goldman Sachs

Hamzah Mazari – Jefferies

Andrew Steinerman – JP Morgan

Gary Bisbee – Bank of America Securities

Jeff Silber – BMO Capital Markets

Toni Kaplan – Morgan Stanley

Jeff Meuler – Baird


Greetings. Welcome to the Bright Horizons Family Solutions Second Quarter 2021 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded.

I would now turn the call over to your host, Michael Flanagan. Please go ahead.

Michael Flanagan

Thanks, Stacy, and hello to everyone on the call. With me tonight 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 COVID-19 on our operations, are subject to the 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 Form 10-K 2020 and other SEC filings. Any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update any forward-looking statements. We also refer today to non-GAAP financial measures, which are detailed and reconciled to

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