Revenue and EPS Growth
Revenue increased 9% to $732 million and adjusted EPS grew 22% to $1.07, both ahead of expectations.
Full Service Segment Performance
Revenue of $540 million increased 7% driven by enrollment growth, tuition increases, and new center openings.
Back-Up Care Revenue Surge
Revenue grew 19% to $163 million, reflecting strong client and user engagement, with new clients such as McKesson.
Educational Advisory Growth
Revenue grew 8% to $29 million, with solid participant and usage growth, particularly in College Coach.
U.K. Operational Improvements
Continued operational and financial momentum in the U.K. with solid growth in enrollment and margins.
Positive Full Year Guidance Update
Full year guidance updated to a revenue growth range of $2.9 billion to $2.92 billion, or 8% to 9%, and adjusted EPS in the range of $4.15 to $4.25 per share.