secwatch.observer — SEC 8-K summary
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Issuer:     Alight, Inc. / Delaware (ALIT)
CIK:        0001809104
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000950170-24-017574
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809104/000095017024017574/0000950170-24-017574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809104/000095017024017574/alit-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-017574

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