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Alight, Inc. (NYSE: ALIT) is a leading cloud-based provider of integrated digital human capital and business solutions. Alight leverages its proprietary AI and data analytics to optimize Business Process as a Service (BPaaS), delivering superior outcomes for employees and employers across a comprehensive portfolio of services. With a staunch belief that a company's success starts with its people, Alight helps organizations of all sizes enrich employee health, wealth, and work while fostering a high-performance culture.
Alight's innovative solutions include benefits administration, healthcare navigation, payroll processing, and HR management, all unified under the Alight Worklife® platform. This platform combines data-driven insights with a seamless user experience, enabling 36 million people and dependents to make confident health, wealth, and wellbeing decisions.
In 2023, Alight reported notable financial achievements, including robust BPaaS bookings of $261 million in Q4, annual cash from operations increasing by $100 million to $386 million, and surpassing its adjusted EPS guidance range. For 2024, Alight has $3 billion of revenue under contract, underscoring its strong market position.
Alight continues to innovate and expand its offerings. Recent highlights include the integration of SAP S/4HANA Cloud into its payroll services, new enhancements to its LeavePro absence management software, and strategic partnerships. The company’s focus on delivering personalized, data-driven solutions helps employers optimize costs, improve employee engagement, and achieve better outcomes.
Headquartered in Lincolnshire, Illinois, Alight employs over 15,000 dedicated colleagues who serve more than 30 million employees and family members. The company prides itself on its commitment to sustainability, diversity, and ethical business practices, as demonstrated in its 2024 Global Impact Report.
For more information, visit Alight's website.
Alight, Inc. (NYSE: ALIT) has announced a significant update to its Alight Worklife platform, enhancing user engagement through new features. This release focuses on AI and data integration to assist over 36 million users in making informed health and financial decisions. Key enhancements include improved clinical navigation, optimized HR benefits access, a smarter chatbot named Lisa, and mobile app accessibility upgrades. This upgrade aims to benefit employers with deeper analytics to aid in data-driven decision-making and maximize investment value.
Alight Solutions (NYSE: ALIT) has introduced the Alight Digital Wallet, an app-based payment solution designed to enhance employee financial wellbeing. The platform offers two primary features: a pay card for direct payments and earned wage access, allowing employees to access earned wages ahead of payday. This initiative aims to alleviate financial stress for workers, which impacts overall wellbeing. The service is currently available in the United States and will expand to various global markets.
Alight Solutions (NYSE: ALIT) has launched the Alight Digital Wallet, an innovative app-based payment solution aimed at enhancing employee financial wellbeing. This service offers two flexible options: a pay card allowing direct access to wages via a company-issued debit card, and earned wage access which permits early access to earned income. Both options integrate financial wellbeing content and are currently available in the United States, with plans for expansion in Europe and Latin America. Alight Solutions emphasizes that supporting financial health can alleviate employee stress.
Alight (NYSE: ALIT) announced today that CFO Katie Rooney will present at the Baird 2022 Global Consumer, Technology & Services Conference on June 6, 2022, at 3:45 PM ET. The company will also hold one-on-one meetings with investors during the event. A live webcast will be accessible on the company's website, with a replay available until September 4, 2022. Alight Solutions focuses on enhancing employee and organizational performance through integrated digital human capital and business solutions, serving over 30 million employees worldwide.
Alight (NYSE: ALIT) announced that CEO Stephan Scholl and CFO Katie Rooney will speak at the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 24, 2022, at 11:30 AM ET. The company will also engage in one-on-one investor meetings during the event. A live webcast can be accessed via the Investor Relations section of Alight's website, with a replay available until June 24, 2022.
Alight, a leader in digital human capital solutions, serves over 30 million employees and partners with more than 70% of Fortune 100 firms.
Alight (NYSE: ALIT) reported strong first-quarter results for 2022, achieving a 5.2% increase in total revenue to $725 million. Employer Solutions revenue grew 6.1% due to acquisitions and net commercial activity. Business Process as a Service (BPaaS) revenue surged 22.6% to $114 million, with BPaaS bookings more than tripling to $122 million. The company reiterated its full-year outlook, targeting revenue growth of 6% to 7% and adjusted EBITDA of $650 million to $662 million.
Alight Solutions (NYSE: ALIT) will release its Q1 2022 earnings results on May 9, 2022, prior to market opening. A conference call is scheduled for 8:30 am ET on the same day, where management will discuss financial outcomes. The webcast will be accessible at the company's investor relations website (investor.alight.com). A replay of the call will be available until May 23, 2022. Alight serves over 30 million employees and family members worldwide, utilizing AI and data analytics to enhance business processes.
Alight Solutions has announced an upgrade to its Alight Worklife platform, enhancing personalized user experience through AI and innovative design. This update focuses on addressing employee challenges related to mental, physical, and financial wellbeing amidst a competitive labor market.
The update features an enhanced chatbot, improved design accessibility, personalized insights, and streamlined user journeys. These changes aim to increase engagement and support over 30 million users, helping employers better connect with their teams.
Alight (NYSE: ALIT) announced that CEO Stephan Scholl and CFO Katie Rooney will participate in a fireside chat at the Morgan Stanley Technology, Media and Telecom Conference on March 7, 2022, at 2:25 PM PST. The Company will also engage in one-on-one meetings with investors. A live webcast of the event will be available on the Investor Relations section of the Company's website, with a replay accessible until September 3, 2022. Alight specializes in integrated digital human capital solutions, serving over 30 million employees globally.
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