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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 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.

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--Alight (NYSE: ALIT) today announced it will release fourth quarter and full year 2022 earnings results after the market close on Tuesday, February 21, 2023, and management will discuss the results on a conference call at 5 pm ET the same day. The webcast and a presentation of financial information will be publicly available at investor.alight.com. To listen by phone, please dial 1-877-407-0792 or 1-201-689-8263. A replay of the call will be available on the Company website, and through Wednesday March 8, 2023, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13734669.

Alight to Announce Fourth Quarter and Full Year 2022 Results

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--Alight (NYSE: ALIT) today announced that Chief Executive Officer Stephan Scholl and Chief Financial Officer Katie Rooney will attend the 25th annual Needham Growth Conference. The company's fireside chat presentation will be hosted on Wednesday, January 11, 2023 at 9:30 a.m. Eastern Standard Time. A live webcast of the event will be made available here.

Alight to participate in the Needham Growth Conference

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, is redefining the end-to-end healthcare benefits experience and driving improvements in outcomes through two new condition-specific products, Alight Cancer Guidance and Alight Behavioral Health Guidance, to help employers focus on critical needs within their populations. Available through the Alight Worklife® platform, these products can be seamlessly integrated into employers' existing portfolios to enable employers to build a healthier workforce by providing condition-specific resources.

Alight Launches Targeted Offerings for Behavioral Health and Cancer to Address Top Healthcare Challenges

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announces the global expansion of its proprietary employee experience platform, Alight Worklife, with the addition of its payroll solution. The Alight Worklife platform combines AI and data with robust content across many dimensions of employee wellbeing to create a personalized and integrated experience that drives better outcomes for individuals and organizations. This global expansion of the platform harmonizes payroll and HR into a single, automated solution to help clients process, review, report and analyze payroll globally.

Alight announces the global expansion of its proprietary platform, Alight Worklife®

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--Alight Inc., (NYSE: ALIT) a leading cloud-based human capital and technology services provider, today announced it has acquired ReedGroup, an expert in leave management solutions from The Guardian Life Insurance Company of America®.

Alight Acquires Leading Absence Management Provider ReedGroup

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--Alight, Inc. (“Alight”) (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that the underwriters of its previously announced secondary public offering have fully exercised their option to purchase an additional 3,000,000 shares of Alight's Class A common stock (the “Over-Allotment Option”) at a public price of $7.75 per share from certain funds affiliated with Blackstone Inc., Jasmine Ventures Pte. Ltd., certain funds affiliated with New Mountain Capital and Platinum Falcon B 2018 RSC Ltd. (collectively, the “Selling Stockholders”). After giving effect to the full exercise of the Over-Allotment Option, the total number of shares sold by the Selling Stockholders in the secondary offering increased to 23,000,000 shares. Subject to customary closing conditions, the offering (including the shares to be sold pursuant to the Over-Allotment Option) is expected to settle and close on or about November 17, 2022. Alight is not selling any shares of Class A common stock in the offering and will not receive any proceeds from the offering.

Alight Announces Full Exercise of Over-Allotment Option in Secondary Offering

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--Alight, Inc. (“Alight”) (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the pricing of the previously announced underwritten secondary public offering of 20,000,000 shares of Alight's Class A common stock 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. (collectively, the “Selling Stockholders”) pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”), at a public offering price of $7.75 per share. In connection with the offering, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 3,000,000 additional shares of Alight's Class A common stock. Subject to customary closing conditions, the offering is expected to settle and close on or about November 17, 2022. Alight is not selling any shares of Class A common stock in the offering and will not receive any proceeds from the offering.

Alight Announces Pricing of Secondary Offering

LINCOLNSHIRE, Ill.--( BUSINESS WIRE )--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced it has expanded its roster of partners on the Alight Partner Network, a suite of curated, high-value solutions designed to promote employees' total wellbeing. The Partner Network is part of Alight's comprehensive strategy which combines unparalleled content, solutions, and professional and global delivery services on the Alight Worklife platform to help employers create an ecosystem of total wellbeing for employees.

Alight Expands Holistic Wellbeing Solutions with the Addition of Hinge Health and Quit Genius to Partner Network

Alight, Inc. (NYSE:ALIT ) Q3 2022 Results Conference Call November 3, 2022 8:30 AM ET Company Participants Greg Faje - Head, IR Stephan Scholl - CEO Katie Rooney - CFO Conference Call Participants Peter Heckmann - D.A. Davidson Scott Schoenhaus - KeyBanc Operator Good morning, and thank you for holding.

Alight, Inc. (ALIT) Q3 2022 Earnings Call Transcript

Alight, Inc. (ALIT) delivered earnings and revenue surprises of 9.09% and 1.53%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Alight, Inc. (ALIT) Surpasses Q3 Earnings and Revenue Estimates

Alight Reports Third Quarter 2022 Results

Alight to Participate in Upcoming Investor Events

The Standard Partners with Alight Solutions to Expand Employee Benefits Portfolio

Alight to Announce Third Quarter 2022 Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Program Optimization for Alight Worklife gives employees AI-driven recommendations for HR and benefits programs

Alight helps employers maximize HR and benefit programs with Program Optimization for Alight Worklife®

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--The Wellbeing Marketplace enables employers to create a comprehensive benefits experience that meet the unique needs of employees and their families

Alight announces launch of Wellbeing Marketplace, evolving the benefits ecosystem with flexibility and choice

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Children's Hospital Colorado joins Alight's Expert Physician Network

Alight Announces Network Agreement With Children's Hospital Colorado

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight's new study demonstrates workers are evaluating employers on key aspects of being a purpose-driven organization.

Company Purpose and Values Are Direct Drivers of Employee Productivity, Alight Study Finds

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, today published its inaugural Global Impact Report that details the progress the company has made toward its Environmental, Social and Governance (ESG) strategy throughout 2021. “As we looked at our ESG priorities and our long-term strategy, we had to look no further than our purpose,” said Stephan Scholl, CEO at Alight. “This is the center point for our approach

Alight releases inaugural Global Impact Report

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight Payment Services, a new solution offering global companies end-to-end payroll and payments process

Alight announces launch of Payment Services

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the launch of Alight Payment Services, a new solution offering global companies a simplified, end-to-end payroll and payments process. Alight Payment Services, powered by Ebury, is a new offering available to organizations looking to streamline their payroll processes, control costs and reduce the administrative burden of global bank transaction m

Alight Announces Launch of Payment Services

Alight, Inc. (NYSE:ALIT ) Q2 2022 Earnings Conference Call August 3, 2022 8:30 AM ET Company Participants Greg Faje - Head, Investor Relations Stephan Scholl - Chief Executive Officer Katie Rooney - Chief Financial Officer Conference Call Participants Kevin McVeigh - Credit Suisse Peter Heckmann - D.A. Davidson Tien-Tsin Huang - JPMorgan Operator Good morning and thank you for holding.

Alight, Inc. (ALIT) CEO Stephan Scholl on Q2 2022 Results - Earnings Call Transcript

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today reported results for the second quarter ended June 30, 2022. "Over the past 5 years we have grown our estimated total addressable market by 121% from $33 billion to $73 billion by adding key content and leveraging the buildout of the Alight Worklife® platform that enables us to help people make better decisions around their health, wealth and wellbeing. It also d

Alight Reports Second Quarter 2022 Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT) today announced it will release second quarter 2022 earnings results before the market open on Wednesday, August 3, 2022, and management will discuss the results on a conference call at 8:30 am ET the same day. The webcast and a presentation of financial information will be publicly available at investor.alight.com. To listen by phone, please dial 1-877-407-0792 or 1-201-689-8263. A replay of the call will be available until midnight, Wed

Alight to Announce Second Quarter 2022 Results

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today announced the latest release of Alight Worklife, its employee experience platform. The Alight Worklife platform combines AI and data with robust content across health, wealth, clinical navigation, retiree healthcare, payroll and wellbeing to create a personalized and integrated experience that enables confident decisions and meaningful

News for Alight Stock (ALIT)