NEWS ER
KinderCare Reports Third Quarter 2024 Financial Results
9 minutes ago, 1:15 PM PST
Via BusinessWire
KinderCare Learning Companies, Inc. (NYSE:KLC) ("KinderCare"), the nation's largest private provider of high-quality early childhood education by center capacity, today announced financial results for the quarter ended September 28, 2024.
Third Quarter 2024 Highlights
• Revenue of $671.5 million
• Income from operations of $54.4 million
• Net Income of $14.0 million and net income per common share, diluted (1) of $0.15
• On October 10, 2024, the Company completed its initial public offering ("IPO"), in which it sold 27.6 million shares of common stock, raising approximately $616.2 million in net proceeds
Non-GAAP financial measures
• Adjusted EBITDA (2) of $71.4 million
• Adjusted net income (2) of $4.3 million and adjusted net income per common share, diluted (1)(2) of $0.05
9 minutes ago, 1:15 PM PST
Via BusinessWire
KinderCare Learning Companies, Inc. (NYSE:KLC) ("KinderCare"), the nation's largest private provider of high-quality early childhood education by center capacity, today announced financial results for the quarter ended September 28, 2024.
Third Quarter 2024 Highlights
• Revenue of $671.5 million
• Income from operations of $54.4 million
• Net Income of $14.0 million and net income per common share, diluted (1) of $0.15
• On October 10, 2024, the Company completed its initial public offering ("IPO"), in which it sold 27.6 million shares of common stock, raising approximately $616.2 million in net proceeds
Non-GAAP financial measures
• Adjusted EBITDA (2) of $71.4 million
• Adjusted net income (2) of $4.3 million and adjusted net income per common share, diluted (1)(2) of $0.05
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