Alight Reports Q3 Third Quarter Results Exceeding Earnings and Revenue Estimates
Alight, Inc. (NYSE: ALIT) reported third-quarter Non-GAAP earnings per share of $0.66, significantly outperforming analyst expectations by $0.54. While the company saw a year-over-year revenue decline of 6.2%, totaling $500 million, this figure still exceeded consensus estimates by approximately $26.26 million. Looking ahead, Alight provided full-year guidance with projected revenues between $2,115 million and $2,125 million and Adjusted EBITDA in the range of $410 million to $420 million. Despite the revenue contraction, the earnings beat has contributed to positive market momentum for the stock.
Tickers: $ALIT
Topics: acquisition earnings beat revenue guidance stock price movement
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