earnings
confidence high
sentiment positive
materiality 0.70
Alight beats Q3 expectations, initiates $0.04 quarterly dividend; raises FY revenue guidance
Alight, Inc. / Delaware
2024-Q3 EPS reported
-$0.31
revenue$1,652,000,000
- Revenue $555M (-0.4% YoY); adjusted EBITDA $118M (+18% YoY); adjusted EPS $0.09 (flat).
- BPaaS revenue grew 18.6% to $121M, now 21.8% of total revenue.
- Initiates quarterly dividend of $0.04/share, payable Dec 16 to holders of record Dec 2.
- Q4 outlook: revenue $665-685M (raised $10M), adjusted EBITDA $208-233M, adj. EPS $0.22-0.27.
- Repurchased $75M of common stock; new wins include HPE, Nokia, Siemens.