KinderCare Learning Companies Reports Q1 Earnings with Revenue Growth and Adjusted Guidance
KinderCare Learning Companies reported first-quarter revenue growth to $673 million, but profitability declined due to a 3% year-over-year drop in enrollment. The company posted a net loss of $290 million driven by an impairment charge and adjusted EBITDA fell to $52 million from $83 million last year.
Tickers: $KLC
Topics: early_childhood_centers education enrollment_trends profitability