ALIT - Alight reports Q2 earnings; reiterating outlook for 2022 provides quarterly expectation for 2H

• Alight press release ( NYSE: ALIT ): Q2 Non-GAAP EPS of $0.12.
• Revenue of $715M (+6.4% Y/Y).
• The company is affirming its full-year 2022 outlook: Revenue of $3.09 to $3.12 billion (growth of 6% to 7%) vs. consensus of $3.10B; Adjusted EBITDA in the range of $650 to $662 million; Adjusted diluted EPS of $0.54 to $0.60 vs. consensus of $0.57; BPaaS total contract value bookings of $680 to $700 million.
• The company is also providing an outlook for the second half of 2022 to provide better insight into the seasonality of the business:
• For the third quarter of 2022, revenue of $735 to $750 million vs. consensus of $737.99M and Adjusted EBITDA of $115 to $125 million.

• For the fourth quarter of 2022, revenue of $915 to $930 million vs. consensus of $922.84M and Adjusted EBITDA of $245 to $255 million.

For further details see: