ALIT News and Press, Alight Inc Cl A From 05/10/23

Ranking reinforces Alight's leadership in supporting the long-term financial wellbeing of employees Alight, a leading cloud-based human capital and technology services provider, announced today that it has been ranked as the second largest defined contribution (DC) record keeper for ass...

2023-05-09 06:32:19 ET Alight press release ( NYSE: ALIT ): Q1 Non-GAAP EPS of $0.13 beats by $0.01 . Revenue of $831M (+14.6% Y/Y) beats by $27.35M . FY2023 Outlook : Revenue of $3.47 billion to $3.51 billion (growth of 11% to 12%) vs. consensus of $3.48 b...

– Achieved total revenue growth of nearly 15% and Employer Solutions revenue growth of over 16% – – Strong BPaaS revenue growth of 50% – – Surpassed $1.5 billion in cumulative BPaaS bookings – – Full year 2023 fi...

2023-04-20 07:39:56 ET Health Catalyst ( NASDAQ: HCAT ), a software vendor to healthcare establishments, added ~5% pre-market Thursday after KeyBanc Capital Markets upgraded its shares to Overweight from Sector Weight to account for potential tailwinds from improving hospital sy...

Alight (NYSE: ALIT or the “Company”) today announced it will host an Investor Day from approximately 1 p.m. through 3:30 p.m. Eastern Time on Monday, May 15, 2023 at the New York Stock Exchange in New York City. The event will feature presentations and Q&A led by Alight’s...

2023-04-16 23:57:20 ET Summary Alight is well positioned to benefit from secular tailwinds such as the fight for talent, WFH, and globalization of the workforce. The company has a highly recurring and durable revenue model, with 80% of revenue recurring under multi-year contracts....

2023-03-16 02:21:46 ET Summary Glenview Capital Management’s 13F portfolio value increased from $4B to $4.51B this quarter. The number of positions decreased from 54 to 53. They added Universal Health Services, Meta Platforms, and Alphabet while reducing Aptiv and dropping ...

Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has named Kausik Rajgopal to its Board of Directors, effective March 17, 2023. The addition of Mr. Rajgopal, together with the previous appointment of Denise Williams, came...

2023-03-08 15:44:02 ET Summary Alight is a cloud-based human resources and benefits administration services provider with over 25 years of experience and an impressive list of clients. Alight's recurring revenue model provides stability and promising financial results with a 7% in...

Alight, Inc. (“Alight” or the “Company”) (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced the closing of the upsized underwritten secondary public offering of 52,900,000 shares of Alight’s Class A common stock (...