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ALIT News and Press, Alight Inc Cl A From 02/21/23

Stock Information

Company Name: Alight Inc Cl A
Stock Symbol: ALIT
Market: NYSE
Website: alight.com

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ALIT - Alight reports Q4 results

Alight press release ( NYSE: ALIT ): Q4 net loss of $66M Revenue of $942M (+9.0% Y/Y) beats by $24.25M . Business Process as a Service (BPaaS) revenue grew 61.3% to $171 million, representing 18.2% of total revenue BPaaS bookings on a total contract value basis increas...

ALIT - Alight Reports Fourth Quarter and Full Year 2022 Results

– Achieved 7.4% full year revenue growth beating guidance of 6-7% – – Delivered strong full-year BPaaS revenue growth of 44.6% – – Full year BPaaS bookings grew 44.7% to $871 million beating guidance of $680-700 million – ...

ALIT - Denise Williams Joins Alight, Inc. Board of Directors

Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that Denise Williams will join its Board of Directors (the “Board”), effective February 3, 2023. The Board elected Ms. Williams to be a director on February 2, 2023. Ms. ...

ALIT - Alight to Announce Fourth Quarter and Full Year 2022 Results

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 informatio...

ALIT - Alight falls on report of Thomas H. Lee offering 11.4M share block

Alight Inc. ( NYSE: ALIT ) fell 5% on a report that Thomas H. Lee Partners is offering a block of 11.4 million shares. The block is being offered at $8.15 via JPMorgan and Credit Suisse, according to traders, who cited a Bloomberg report. The price is a 7.8% discount to Wednesday'...

ALIT - ManpowerGroup: Upside Still Exists Despite Concerns Over Weakness

Summary ManpowerGroup may have seen revenue fall recently, but profits and cash flows are looking nice. Weakness has been an issue on the sales front, and the picture looks set to worsen in the quarters that lie ahead. Even so, shares are cheap, and the company offers additional ups...

ALIT - Alight to participate in the Needham Growth Conference

Alight (NYSE: ALIT) today announced that Chief Executive Officer Stephan Scholl and Chief Financial Officer Katie Rooney will attend the 25 th annual Needham Growth Conference. The company’s fireside chat presentation will be hosted on Wednesday, January 11, 2023 at 9:30 a.m. Eastern S...

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

Built on Alight’s existing deep clinical capabilities, robust analytics and consumer-centered content, two new comprehensive products enable employers to take a condition-specific approach to providing personalized support to employees Alight, Inc. (NYSE: ALIT), a leading cloud-b...

ALIT - Alight: Good Secular Trends, But Stock Is Only Slightly Undervalued

Summary There are secular trends happening in the HR industry. ALIT is a frontrunner in this industry and has a presence across the globe. ALIT has extensive experience and a great marketing strategy. For further details see: Alight: Good Secular Trends, Bu...

ALIT - Meridian Small Cap Growth Fund Q3 2022 Investment Commentary

Summary Meridian Funds, advised by ArrowMark, are actively managed and focus on market segments and industries that offer the ability to gain a distinct competitive advantage. Our long-only equity strategies primarily focus on the U.S. small- and mid-capitalization universe. The Meridia...

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