Alight

Alight, Inc. engages in the provision of cloud-based integrated digital human capital and business solutions. The company is headquartered in Lincolnshire, IL.

Earnings data Q2 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Alight exceeds Q4 expectations, eyes growth through transformative deals

Alight's strong performance in Q4 and full-year results, along with transformative deals, position the company for continued growth and market leadership.
While facing challenges in economic uncertainties and operational execution, Alight's focus on investments and cost savings presents opportunities for future success.
The company's strategic initiatives, financial outlook, and commitment to innovation underscore its resilience and potential for sustained performance.
With a solid financial foundation and growth prospects, Alight is poised to navigate challenges and capitalize on opportunities for long-term success.

Alight reports strong Q1 earnings, eyes international growth opportunities

Alight's Q1 2023 showcased robust performance, driven by strong BPaaS bookings and revenue growth. The company remains focused on achieving its financial targets, navigating macro uncertainties, and exploring growth opportunities.

Alight reports strong Q2 performance and strategic growth opportunities

Alight's Q2 2023 Earnings Call highlighted robust financial performance, strategic investments, and a resilient book of business, reaffirming 2023 guidance.
Challenges include addressing analyst queries on bookings, pricing strategy, and software integration, while opportunities lie in market expansion and innovation.
The company's focus on simplicity, technology investments, and client value proposition position it well for sustained growth and success in the competitive landscape.

Alight (ALIT) reports robust Q3 performance and focuses on user experience and AI-driven outcomes

Alight's Q3 2023 showcased strong financial performance, client wins, and a focus on user experience and cost savings through AI features.
The company's restructuring program aims for significant cost savings by 2024, while maintaining confidence in future growth with reaffirmed guidance.
Challenges include margin maintenance, effective restructuring, and macroeconomic factors, but opportunities in AI, user experience, and market expansion are promising.

Alight (ALIT) reports Q4 revenue growth, reaffirms 2024 outlook

Alight's Q4 2023 performance saw revenue growth but fell short of expectations due to a specific client impact.
The company's focus on technology transformation, strong bookings, and strategic partnerships positions it for growth.
Challenges include revenue shortfalls from specific clients and the need for margin improvement and operational efficiencies.

Alight anticipates growth post-sale, focuses on innovation and profitability

Alight's Q1 performance showed resilience with flat revenues but strong growth in BPaaS solutions and improved cash flow conversion. Strategic initiatives post-transaction aim to enhance profitability and margin uplift.
The company's strengths lie in closing significant BPaaS deals, focusing on innovation through partnerships and AI, and driving larger enterprise deals. Challenges include financial impacts and the need for seamless leadership transitions.
Opportunities for Alight include revenue and BPaaS growth, leveraging AI for client value, and capitalizing on its engagement platform's advantages. Maintaining operational efficiency and successful post-transaction execution are key focus areas.

Alight reports robust Q2 performance, eyes growth amidst revenue challenges

Alight's Q2 2024 showcased strong financial performance and operational achievements.
While facing revenue challenges, the company is poised for growth with margin expansion opportunities.
Analysts' inquiries highlighted areas for improvement and strategic focus.
Succession planning and leadership transition are key areas of attention for future growth.

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Investors need to pay close attention to Alight (ALIT) stock based on the movements in the options market lately.

Is The Options Market Predicting a Spike In Alight (ALIT) Stock?

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight's 2024 Global Impact Report showcases company progress and plans across its key environmental, social and governance (ESG) focus areas.

Alight Releases 2024 Global Impact Report Highlighting ESG Performance and Progress

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that its Chief Executive Officer, Stephan Scholl, and Chief Financial Officer, Jeremy Heaton, will present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 8:50 a.m. ET, available via live webcast here. About Alight Solutions Alight is a leading cloud-based human capital t.

Alight to Participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference

Alight, Inc. (NYSE:ALIT ) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Stephan Scholl - Chief Executive Officer Jeremy Heaton - Chief Financial Officer Greg Goff - President Katie Rooney - Chief Operating Officer Conference Call Participants Kevin McVeigh - UBS Scott Schoenhaus - KeyBanc Kyle Peterson - Needham Peter Heckmann - D.A. Davidson Peter Christiansen - Citi Joseph Vafi - Canaccord Genuity Emily Marzo - Bank of America Tien-tsin Huang - JPMorgan Chase Operator Good morning and thank you for holding.

Alight, Inc. (ALIT) Q1 2024 Earnings Call Transcript

Alight, Inc. ALIT came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago.

Alight, Inc. (ALIT) Beats Q1 Earnings Estimates (Revised)

Alight, Inc. (ALIT) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago.

Alight, Inc. (ALIT) Misses Q1 Earnings and Revenue Estimates

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the first quarter ended March 31, 2024. “It has been an exciting start to the year for Alight, with the announced agreement to sell our Payroll and Professional Services business and create a world-class partnership with H.I.G. to further accelerate our transformation,” said Chief Executive Officer Stephan Scholl. “.

Alight Reports First Quarter 2024 Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced two leadership promotions as part of the Company's ongoing transformation. Jeremy Heaton, who has been with the Company for four years most recently serving as Operating Chief Financial Officer, will assume the role of Chief Financial Officer, effective today. Mr. Heaton brings more than two decades of financial experience, including more than 20 years at GE in global financial management. Katie Rooney wil.

Alight Announces Executive Leadership Changes

Alight (ALIT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Alight (ALIT) Might Surprise This Earnings Season

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LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT) (“Alight” or the “Company”), a leading cloud-based human capital and technology services provider, today announced the appointment of Dave Guilmette and Coretha Rushing as independent directors to its Board of Directors (the “Board”), effective immediately. These appointments have been made in connection with a cooperation agreement (the “Agreement”) entered into between Alight and Starboard Value LP (together with certain of its af.

Alight Names Two New Independent Directors, Dave Guilmette and Coretha Rushing, to its Board of Directors

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release first quarter results before market open on Wednesday, May 8, 2024, and management will subsequently discuss the results on a webcast at 8:30 a.m. ET. The webcast and a presentation of financial information will be publicly available at Events & Presentations. Details of Webcast: Date: Wednesday, May 8, 2024 Time: 8:30 a.m. Eastern Time Webcast and replay: Events & Presentations A r.

Alight to Announce First Quarter 2024 Results

Alight (ALIT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Alight (ALIT) Could Beat Earnings Estimates Again

Here is how Alight, Inc. (ALIT) and Criteo S.A. (CRTO) have performed compared to their sector so far this year.

Is Alight (ALIT) Stock Outpacing Its Computer and Technology Peers This Year?

Alight, Inc. has sold its professional services and payroll outsourcing business for $1.2 billion to HIG Capital, which will strengthen its revenue margins and visibility in the labor employment market. Alight's main revenue sources are employer solutions and professional/payroll services, with employer solutions accounting for 87% of gross profit in Q4 2023. The deal with HIG Capital is expected to be finalized in H2 2024, and Alight plans to use the proceeds for debt repayment, reinvestment, and share buybacks.

Alight, Inc. Is Preparing To Ignite A New Spark After Spin-Out Deal

Paycor HCM

Investors with an interest in Internet - Software stocks have likely encountered both Alight, Inc. (ALIT) and Paycor HCM, Inc. (PYCR). But which of these two companies is the best option for those looking for undervalued stocks?

ALIT vs. PYCR: Which Stock Should Value Investors Buy Now?

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LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The latest release of Alight Worklife delivers AI-driven workforce support, extensive benefits management and financial and wellbeing features.

Alight's Latest Release of Alight Worklife® to Unlock Value for Organizations and Their People

Alight (ALIT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Alight (ALIT) Soars 14.0%: Is Further Upside Left in the Stock?

Alight (ALIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Alight, Inc. (ALIT) Hits Fresh High: Is There Still Room to Run?

Alight boosts its buyback program by $200 million.

Alight Stock Jumps. It's Selling a Business Unit for $1.2 Billion and Buying Back Shares.

NEW YORK--(BUSINESS WIRE)-- #Acquisition--An affiliate of H.I.G. Capital has signed a definitive agreement to acquire the Payroll and Professional Services Business of Alight, Inc.

H.I.G. Capital Signs Definitive Agreement to Acquire Alight's Payroll and Professional Services Business

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agreement to sell its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment (the “Payroll & Professional Services business”) to an affiliate of H.I.G. Capital for up to $1.2 billion, subject to certain adjustments. This values the Payroll & Profe.

Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion

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Investors looking for stocks in the Internet - Software sector might want to consider either Alight, Inc. (ALIT) or Informatica Inc. (INFA). But which of these two stocks is more attractive to value investors?

ALIT vs. INFA: Which Stock Is the Better Value Option?

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight announces further integration of leaves and additional benefits promoting comprehensive employee wellbeing.

News for Alight Stock (ALIT)