Alight reports Q4 rev $960M, FY rev $3.41B; guides 2024 growth 4-6%; board authorizes strategic review

Alight, Inc. / Delaware

2023-FY EPS reported -$0.70 revenue$3,410,000,000

Q4 revenue $960M (+1.9% YoY); FY revenue $3.41B (+8.9%).
Q4 net loss $86M (vs $66M loss prior year); FY net loss $278M (vs $72M loss) on non-cash goodwill impairment.
Adjusted EBITDA Q4 $270M (+11.6%); FY $739M (+12.1%). Cash from operations $386M (+$100M).
Board authorized strategic portfolio review; hired financial advisors to accelerate platform and wellbeing strategy.
2024 guidance: revenue $3.55-3.61B (4-6% growth), adjusted EBITDA $800-815M, adjusted dil EPS $0.72-0.77.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Alight, Inc. / Delaware reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Period: the fourth quarter and fiscal year ended December 31, 2023
Result: reported results

Exact text from the filing

Item 2.02 Results of Operations and Financial Condition. On February 21, 2024, Alight, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023.

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Alight, Inc. / Delaware filing history →

Source: SEC EDGAR

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