secwatch.observer — SEC 8-K summary
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Issuer:     Alight, Inc. / Delaware (ALIT)
CIK:        0001809104
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000950170-23-036479
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alight Q2 revenue up 12.7% to $806M; CFO Rooney adds COO role
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- Revenue $806M (+12.7% YoY); BPaaS revenue $179M (+39.8%)
- Net loss $72M vs net income $52M in prior year; Adjusted EBITDA $157M (+10.6%)
- FY2023 outlook: revenue $3.47-3.51B, adj. EBITDA $735-750M, adj. EPS $0.62-0.67
- BPaaS TCV bookings $149M in Q2; over 90% of 2023 revenue under contract
- CFO Katie Rooney assumes COO role; Jeremy Heaton becomes Operating CFO; Cesar Jelvez departs

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809104/000095017023036479/0000950170-23-036479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809104/000095017023036479/alit-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-036479

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer