Alight, Inc. (NYSE:ALIT) Q4 2023 Earnings Conference Call February 21, 2024 8:30 AM ET Company Participants Stephan Scholl - Chef Executive Officer Katie Rooney - Global CFO, COO Jeremy Heaton - Operating CFO Jeremy Cohen - Head of Investor Relations Conference Call Participants Scott Schoenhaus - KeyBanc Capital Markets Peter Heckmann - DA Davidson Kevin McVeigh - UBS Kyle Peterson - Needham and Company Tien-tsin Huang - J.P. Morgan Pete Christiansen - Citi Heather Balsky - Bank of America Joseph Vafi - Ca ...

Alight, Inc. (ALIT) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.14, delivering a surprise of 7.69%.Over the last four quarters, the company has sur ...

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 fourth quarter and full year ended December 31, 2023. “Our three-year transformation has generated significant momentum and enabled Alight to deliver strong 2023 results,” said Chief Executive Officer Stephan Scholl. “Our 2023 highlights include strong demand for our solutions with BPaaS revenue growth of 34%, gross margi ...

Exhibit 99.1 – $3 billion of revenue under contract for 2024 – –Board of Directors authorizes strategic portfolio review to accelerate platform and wellbeing strategy – LINCOLNSHIRE, IL – February 21, 2024 – Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the fourth quarter and full year ended December 31, 2023. "Our three-year transformation has generated significant momentum and enabled Alight to deliver stron ...

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today released the findings of its 2024 Company Payroll Complexity Report, which revealed that over half (53%) of surveyed companies have incurred payroll penalties in the last five years for non-compliance. Building on the data from the 2023 Alight Global Payroll Complexity Index, this new report surveyed nearly 300 payroll professionals and stakeholders to understand key ...

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, today introduced Alight LumenAI, the company’s next-generation artificial intelligence (AI) engine. Alight LumenAI bolsters the Alight Worklife platform by merging new and existing AI capabilities into a unified ecosystem to drive innovation and elevate outcomes for both organizations and employees. Alight LumenAI enables a more connected and intelligent experience across ...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company and Richard Massey as Vice Chairman of the Board. Mr. Massey will continue to work with Mr. Foley on investment opportunities. Mr. Foley will continue as Chairman of the Board and Ryan Caswell will continue as the President of the Company. William P. Foley, II, commented, “ I am very excited to assume the role ...

Artemis Resources Ltd (ASX:ARV, AIM:ARV, OTCQB:ARTTF) was a top mover in the junior mining segment after today providing an exploration update on its projects in West Pilbara, focusing on the potential of its Kobe and Osborne sites for lithium extraction. Recent drilling has revealed sub-vertical orientations of pegmatites at these locations, with one drill hole possibly stopping short of the Osborne target. A planned RC drilling program in March aims to further investigate Osborne's near-surface lithium-ri ...

This bull market has been quite selective, with a bifurcation building in the market. Mega-cap technology stocks have outperformed, with many cheap stocks still seeing relative underperformance in terms of the proportionate share of market gains seen in recent months. It’s my view that many of the beaten-down mid-cap companies are bound to catch up. This will create potential opportunities for bargain-hunting investors. That’s why I’ve compiled a list of seven cheap stocks trading under $10 per share with s ...

Manoj Madusanka/iStock via Getty Images It can be difficult to persevere in the HR (Human Resources) and employment services industry, more commonly known as HCM (Human Capital Management) outsourcing. There is tough competition not only from well-established incumbents like Automatic Data Processing (ADP) but also from smaller ones specializing in specific areas of HR. In these circumstances, Alight (NYSE:ALIT) which went public through a SPAC deal in 2021, appears well positioned as it has enjoyed a super ...