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Alight, Inc. - ALIT STOCK NEWS

Welcome to our dedicated page for Alight news (Ticker: ALIT), a resource for investors and traders seeking the latest updates and insights on Alight stock.

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.

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Alight, Inc. has launched enhanced services to help employees and families navigate complex behavioral health concerns. The new features include a designated team of mental health professionals and resources available through the Alight Worklife platform. The goal is to provide individuals with the critical support they need to prioritize their mental health journey.
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Alight (NYSE: ALIT) will host its Investor Day on May 15, 2023, from 1 p.m. to 3:30 p.m. ET at the New York Stock Exchange. This event will feature presentations and a Q&A session led by Alight's management team. The Investor Day will be available via live webcast and replay on the Company’s website.

Prior to this event, Alight will announce its first quarter 2023 earnings on May 9, 2023, at 8:30 a.m. ET, followed by a conference call to discuss the results. A replay of the call will be available until May 23, 2023.

For further details, visit the Events & Presentations section of Alight's website.

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BARK, Inc. (NYSE: BARK) has announced the immediate addition of Paulette Dodson and Michele Meyer to its Board of Directors. Ms. Dodson brings extensive legal and corporate governance experience, having served in senior roles at Alight, PetSmart, and Sara Lee. Meanwhile, Ms. Meyer has over 30 years of experience in the CPG industry, notably as President at General Mills, where she led significant market growth. Both executives aim to leverage their backgrounds to enhance BARK's strategic initiatives and foster long-term growth. CEO Matt Meeker emphasized their potential to drive value for customers and shareholders.

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FAQ

What is the current stock price of Alight (ALIT)?

The current stock price of Alight (ALIT) is $6.86 as of December 20, 2024.

What is the market cap of Alight (ALIT)?

The market cap of Alight (ALIT) is approximately 3.6B.

What services does Alight, Inc. provide?

Alight offers integrated digital human capital and business solutions, including benefits administration, healthcare navigation, payroll processing, and HR management.

What is Alight Worklife®?

Alight Worklife® is Alight's proprietary platform that combines data and analytics to deliver a seamless user experience, supporting employees in making confident health, wealth, and wellbeing decisions.

How many people does Alight serve?

Alight serves 36 million people and dependents through its comprehensive suite of human capital solutions.

What recent financial achievements has Alight reported?

In 2023, Alight reported $261 million in BPaaS bookings for Q4, a $100 million increase in annual cash from operations to $386 million, and $3 billion of revenue under contract for 2024.

What is Alight's approach to sustainability and governance?

Alight is committed to sustainable business practices, diversity, and ethical governance, as highlighted in its 2024 Global Impact Report.

Where is Alight, Inc. headquartered?

Alight is headquartered in Lincolnshire, Illinois.

How many employees does Alight have?

Alight employs over 15,000 dedicated colleagues.

What are some recent innovations by Alight?

Recent innovations include the integration of SAP S/4HANA Cloud into payroll services, enhancements to LeavePro absence management software, and strategic partnerships.

What is BPaaS in the context of Alight's services?

BPaaS stands for Business Process as a Service, which Alight optimizes using AI and data analytics to deliver superior outcomes for employees and employers.

How can Alight's solutions benefit employers?

Alight's solutions help employers optimize costs, improve employee engagement, and achieve better outcomes through personalized, data-driven services.

Alight, Inc.

NYSE:ALIT

ALIT Rankings

ALIT Stock Data

3.58B
506.74M
4.49%
109.39%
6.27%
Software - Application
Services-business Services, Nec
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United States of America
LINCOLNSHIRE