Strong Revenue and EPS Growth
Revenue increased 12% to $803 million, and adjusted EPS grew 41% to $1.57, both exceeding expectations.
Back-Up Care Segment Success
Back-up care revenue increased 26% to $253 million, driven by strong demand, especially during the peak summer season.
Positive Outlook for Full Year
Upgraded full-year earnings guidance with expected revenue of approximately $2.925 billion, representing 9% growth, and adjusted EPS in the range of $4.48 to $4.53.
U.K. Business Improvement
The U.K. full-service business is on track to contribute modestly positive earnings in 2025, showing continued enrollment growth and favorable government support.