CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”), a leading cloud-based human capital and technology-enabled services provider, announced the successful onboarding of its 200th transaction for Pension Risk Transfer (“PRT”), marking a significant milestone in the company's commitment to delivering comprehensive pension administration solutions for the largest organizations. Alight...
Alight's stock has declined 26%, but management's focus on free cash flow and business simplification suggests a potential turning point. Management's efforts in cloud migration, recurring revenue growth, and AI enhancements in the Alight Worklife platform show promising signs of future profitability and efficiency. The ambitious goal of accumulating $1 billion in free cash flow by 2027 boosts ...
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital and technology-enabled services provider, today hosted an investor day. During the event, Alight's executives presented the Company's strategy and issued mid-term financial targets. In addition, the Company hosted panels with Alight clients and third-party evaluators. Clients discussed how ...
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital and technology-enabled services provider, today announced that it will host an Investor Day on March 20, 2025, beginning at 8:30am CT. The event will feature presentations, panels and Q&A led by Alight's management team and will be publicly available via live webcast and replay on the inves...
Alight, Inc. (NYSE:ALIT ) Q4 2024 Results Conference Call February 20, 2025 8:30 AM ET Company Participants Jeremy Cohen - Head, Investor Relations Dave Guilmette - Chief Executive Officer Jeremy Heaton - Chief Financial Officer Conference Call Participants Kyle Peterson - Needham & Company Kevin McVeigh - UBS Scott Schoenhaus - KeyBanc Capital Markets Tien-Tsin Huang - JPMorgan Peter Heckmann ...
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology-enabled services provider, today reported results for the fourth quarter and full year ended December 31, 2024. “Alight concluded a transformative year on a strong note, with fourth quarter results that met expectations and included recurring revenue expansion and strong cash flow,” said CEO ...
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital and technology-enabled services provider, today announced that its Board of Directors (the “Board”) appointed Russell (Russ) P. Fradin as its Chairman of the Board of Directors, succeeding William P. Foley, II, who will continue to serve as a board member, effective March 1, 2025. In additi...
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”), a leading cloud-based human capital and technology-enabled services provider, today announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share on outstanding Class A Common Stock, payable on March 17th, 2025 to shareholders of record as of the close of business on March 3rd, 2025. About Ali...
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