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Alight(ALIT) - 2024 Q3 - Quarterly Report
2024-11-12 12:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________ FORM 10-Q _______________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ______________________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share ALIT New York Stock Exchange Emerging growth company o For ...
Alight(ALIT) - 2024 Q3 - Quarterly Results
2024-11-12 12:35
Exhibit 99.1 Alight Reports Third Quarter 2024 Results – Initiates quarterly dividend program – – Revenue of $555 million – – Key wins with Hewlett Packard Enterprise, Nokia and Siemens – – Repurchased $75 million of common stock – – Raises revenue guidance range – CHICAGO, IL – November 12, 2024 – Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the third quarter ended September 30, 2024. "Alight delivered third ...
Agilis Unveils PensionBuilder™: A Comprehensive Solution for Lifetime Retirement Income
Prnewswire· 2024-10-24 13:00
Empowering participants to buy lifetime income at group pricing to create a "personal pension"BOSTON, Oct. 24, 2024 /PRNewswire/ -- As companies have shifted from traditional defined benefit pension plans to defined contribution (DC) plans, primarily 401(k)s, a pressing need has emerged: participants require predictable lifetime income to protect against the risk of outliving their retirement savings, while employers need cost-effective solutions that mitigate fiduciary risk. Agilis Partners LLC, a leading ...
Is the Options Market Predicting a Spike in Alight (ALIT) Stock?
ZACKS· 2024-10-15 13:30
Investors in Alight, Inc. (ALIT) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2024 $3.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...
Alight (ALIT) Completes Cloud Migration to Reduce Costs
ZACKS· 2024-08-13 13:41
Alight (ALIT) announced the completion of its cloud migration program from data centers, adding to its sustained efforts to improve its margins and simplify its business. The company has fully decommissioned its Lincolnshire data center and shifted to Amazon’s (AMZN) Amazon Web Services (“AWS”) ecosystem.This transformation is expected to reduce the number of servers by 40%, middleware systems by 60% and software used by 95%. These factors, along with Alight Worklife’s shift to AWS, will aid ALIT in saving ...
Alight(ALIT) - 2024 Q2 - Quarterly Report
2024-08-06 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________ FORM 10-Q _______________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39299 ____________________________ ...
Alight(ALIT) - 2024 Q2 - Earnings Call Transcript
2024-08-06 16:41
Alight, Inc. (NYSE:ALIT) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, IR Stephan Scholl - CEO Jeremy Heaton - CFO Greg Goff - President Conference Call Participants Scott Schoenhaus - KeyBanc Capital Markets Kevin McVeigh - UBS Joseph Vafi - Canaccord Genuity Tien-Tsin - Huang JPMorgan Pete Christiansen - Citi Emily Marzo - Bank of America Steven Wahrhaftig - Wedbush Securities Operator Good morning and thank you for holding. My name is Ryan and I will ...
Alight, Inc. (ALIT) Lags Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 14:15
Alight, Inc. (ALIT) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.33%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.13, delivering a surprise of 8.33%.Over the last four quarters, the company has ...
Alight(ALIT) - 2024 Q2 - Quarterly Results
2024-08-06 11:50
Exhibit 99.1 Alight Reports Second Quarter 2024 Results – Announces CEO succession plan – – Continuing operations BPaaS revenue increased 13% – – 97% of 2024 Revenue Under Contract – – Key wins with UPS, Wayfair, American Honda Motor Company & The Adecco Group – – Completed cloud migration program and fully decommissioned data center – – Repurchased $80 million of common stock – CHICAGO, IL – August 6, 2024 – Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and b ...
All You Need to Know About Alight (ALIT) Rating Upgrade to Buy
ZACKS· 2024-06-17 17:01
Investors might want to bet on Alight, Inc. (ALIT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Ind ...