Alight

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

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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.

Alight (ALIT) reports strong Q3 results, raises guidance amid key client wins

Alight's Q3 performance underscores its commitment to driving profitable growth and enhancing client experience. By leveraging its market position, technology, and key client wins, the company aims to maintain its growth momentum and operational efficiency post-cloud migration.

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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 second quarter ended June 30, 2023. “Alight delivered strong financial performance in the second quarter with double digit growth across revenue, profitability and operating cash flow,” said Chief Executive Officer Stephan Scholl. “Our transformational progress and stable core business enrich our long-term visib.

Alight Reports Second Quarter Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The second release of Alight Worklife for 2023 introduces capabilities and experience enhancements to boost employee wellbeing and employer outcomes.

Alight Expands Engagement Experience With Latest Release of Alight Worklife®

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release second quarter 2023 earnings results after market close on Tuesday, August 1, 2023, and management will subsequently discuss the results on a webcast at 5:00 p.m. ET. The webcast and a presentation of financial information will be publicly available at Events & Presentations. A replay of the call will be available on the Company website, and through Tuesday August 15, 2023 by dialing 1-.

Alight to Release Second Quarter 2023 Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The findings of the 2023 Alight Global Payroll Complexity Index show countries with most complicated payroll processes.

Alight Publishes Study Revealing European Nations are Challenged by Complicated Payroll Processes

I upgrade my recommendation on ALIT from hold to buy, given my optimism in the company's mid-term growth prospects. I expect growth and earnings to be driven by BPaaS rollout and adoption. I expect the market to start valuing ALIT based on more forward looking numbers (FY25) as we gradually move past FY23.

Alight: Turning Positive On The Stock Given The Updated Outlook (Rating Upgrade)

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Building on existing provider search capabilities, Alight's technology delivers a new experience that brings quality and cost transparency.

Alight Enhances Employees' Ability to Find High-Quality Healthcare Providers Through Alight Worklife®

LONDON--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the release of its Global Employee Benefits solution, bringing together innovative technology and employee-centric services to remove the complexities of managing benefits and rewards programmes, and provide valuable insights that enable organisations to evolve benefits offerings. Seamlessly integrated into the Alight Worklife ® platform and powered by leadin.

Alight Expands Global Employee Benefits to Help Organisations Maximise Wellbeing Programmes

PHILADELPHIA--(BUSINESS WIRE)--Reliance Matrix partners with Alight (NYSE: ALIT) to connect its proprietary Matrixlink® platform to the Alight Worklife® experience platform.

Reliance Matrix Joins Alight Carrier Partner Program

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Available through Alight Worklife® platform, these services help employers address the behavioral health crisis through skilled support.

Alight launches new behavioral health navigation services, aimed at supporting individuals and families with complex or severe needs

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, today announced Gregory (Greg) George has been named Alight's chief commercial officer for its North America Employer Solutions business. Greg will be responsible for accelerating Alight's North America growth strategy and leading all aspects of its commercial organization, including sales, strategic accounts, channels and partnerships. He will report to CEO, Ste.

Alight Names Gregory George, Leading Human Capital Management Expert to Role of Chief Commercial Officer

iQIYI

On top of inflationary pressures and rising rates, not even government debt ceiling uncertainty has been able to slow the upward momentum. Just two months removed from the bank crisis downturn, the S&P 500 climbed to fresh 2023 highs last week.

2 Tech Mid-Caps Under $10 With Big Upside

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today hosted an investor day at the New York Stock Exchange. During the event, Alight executives presented on the Company's platform strategy and shared mid-term financial targets. Alight clients discussed how they work with the Company to care for the wellbeing of their employees to keep them financially secure and healthy. “As the industry's premiere.

Alight Holds Investor Day and Introduces Mid-Term Targets

Alight, Inc. (NYSE:ALIT ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Jeremy Cohen - Vice President of Investor Relations Stephan Scholl - Chief Executive Officer Katie Rooney - Chief Financial Officer Conference Call Participants Scott Schoenhaus - KeyBanc Capital Markets Tien-Tsin Huang - JPMorgan Kyle Peterson - Needham & Company Peter Heckmann - D.A. Davidson Kevin McVeigh - Credit Suisse Emily Marzo - Bank of America Operator Good morning, and thank you for holding.

Alight, Inc. (ALIT) Q1 2023 Earnings Call Transcript

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight's 2023 Global Impact Report covers the company's environmental, social, and governance (ESG) strategy, performance and progress in 2022.

Alight Releases 2023 Global Impact Report Detailing ESG Performance and Progress

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight is ranked as the second largest defined contribution (DC) record keeper in the 2023 Pensions & Investments survey of record keepers.

Alight ranked as a top U.S. defined contribution record keeper by Pensions & Investments

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 $0.12 per share a year ago.

Alight, Inc. (ALIT) Q1 Earnings and Revenues Top Estimates

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (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, 2023. “Alight achieved a key milestone in the first quarter surpassing $1.5 billion in cumulative BPaaS bookings, nine months earlier than our original three-year projections, demonstrating continued momentum from 2022,” said Chief Executive Officer Stephan Scholl. “Ongoing investments in.

Alight Reports First Quarter Results

Palo Alto Networks

Investors interested in stocks from the Internet - Software sector have probably already heard of Alight, Inc. (ALIT) and Palo Alto Networks (PANW). But which of these two companies is the best option for those looking for undervalued stocks?

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

LONDON--(BUSINESS WIRE)--According to Alight, a leading cloud-based human capital technology and services provider, benefit needs and priorities for European employees vary depending on their life stages, genders, and their geography.

Alight Study Finds That European Employers Are Not Tailoring Benefits Offerings to Employees' Needs and Lifecycle

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will host an Investor Day from approximately 1 p.m. through 3:30 p.m. Eastern Time on Monday, May 15, 2023 at the New York Stock Exchange in New York City. The event will feature presentations and Q&A led by Alight's management team. The Investor Day will be webcast live and via replay which can be found by visiting the Events & Presentations section of the Company's website.

Alight to Host Investor Day and Release First Quarter 2023 Results

Alight is well positioned to benefit from secular tailwinds such as the fight for talent, WFH, and globalization of the workforce. The company has a highly recurring and durable revenue model, with 80% of revenue recurring under multi-year contracts.

Alight: Sticky Business Model And A Discounted Multiple

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has named Kausik Rajgopal to its Board of Directors, effective March 17, 2023. The addition of Mr. Rajgopal, together with the previous appointment of Denise Williams, came as Alight expanded the size of the board from 8 to 10 members earlier this year.

Alight Names Kausik Rajgopal to Board of Directors

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (“Alight” or the “Company”) (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the closing of the upsized underwritten secondary public offering of 52,900,000 shares of Alight's Class A common stock (the “offering”) by certain funds affiliated with Blackstone Inc., Jasmine Ventures Pte. Ltd., certain funds affiliated with New Mountain Capital and Platinum Falcon B 2018 RSC Ltd.

Alight Announces Closing of Upsized Secondary Offering of Common Stock and Full Exercise of Over-Allotment Option

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that Chief Executive Officer Stephan Scholl and Chief Financial Officer Katie Rooney will attend Morgan Stanley's Technology, Media & Telecom Conference. The company's fireside chat presentation will be hosted on Tuesday, March 7, 2023, at 8:00 a.m. Pacific Standard Time. A live webcast of the event will be made available here.

Alight to Participate in Morgan Stanley's Technology, Media & Telecom Conference

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the latest release of Alight Worklife, its employee experience platform. The release builds on the platform's AI and robust content offerings to further engage employees and dependents across the many dimensions of wellbeing with new, end-to-end wellbeing solutions, expanded access of the platform to spouses and families and new user experience (UX) updates to further drive personalization.

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