Exhibit 99.1 Alight Reports Third Quarter 2024 Results – Initiates quarterly dividend program – – Revenue of $555 million – – Key wins with Hewlett Packard Enterprise, Nokia and Siemens – – Repurchased $75 million of common stock – – Raises revenue guidance range – CHICAGO, IL – November 12, 2024 – Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and business solutions, today reported results for the third quarter ended September 30, 2024. "Alight delivered third ...

Empowering participants to buy lifetime income at group pricing to create a "personal pension"BOSTON, Oct. 24, 2024 /PRNewswire/ -- As companies have shifted from traditional defined benefit pension plans to defined contribution (DC) plans, primarily 401(k)s, a pressing need has emerged: participants require predictable lifetime income to protect against the risk of outliving their retirement savings, while employers need cost-effective solutions that mitigate fiduciary risk. Agilis Partners LLC, a leading ...

Investors in Alight, Inc. (ALIT) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2024 $3.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...

Core Viewpoint - Alight (ALIT) has completed its cloud migration to Amazon Web Services (AWS), aiming to enhance margins and simplify operations while divesting certain business segments to improve financial health and shareholder value [1][2]. Group 1: Cloud Migration and Cost Savings - The company has fully decommissioned its Lincolnshire data center, transitioning to AWS, which is expected to reduce servers by 40%, middleware systems by 60%, and software usage by 95% [1]. - This transformation is projected to save Alight approximately $75 million annually, while also increasing efficiency and automation in its solutions [1]. Group 2: Divestiture and Capital Infusion - Alight divested its Professional Services segment and Payroll & HCM Outsourcing divisions to an affiliate of The Hartford Financial Services Group, infusing up to $1.2 billion in capital to reduce leverage and enhance margins [2]. - The company has increased its stock repurchase program by $200 million following the divestiture, aiming to boost shareholder value [2]. Group 3: Competitive Landscape and Product Enhancement - Alight operates in a competitive human capital management market, facing competition from companies like Paycom, Paycor, Bamboo HR, and Workday [3]. - To maintain competitiveness, Alight is enhancing its Alight Worklife platform with new features such as integrated leave management, Alight LumenAI, and a virtual care solution for employees [3][4]. - The company has automated its leave management solution, SmartSTART, and launched Straight Through Processing for absence and benefit management, winning notable customers like UPS and Wayfair in Q2 2024 [4]. Group 4: Focus on Margins and Shareholder Value - Alight is focused on improving margins and increasing shareholder value through cost-cutting measures and innovative product launches [5]. - Despite these efforts, shares of Alight have decreased by 19.7%, contrasting with a 9.6% growth in the Zacks Internet - Software industry [5].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _______________________________________________ FORM 10-Q _______________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39299 ____________________________ ...

Alight, Inc. (NYSE:ALIT) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Jeremy Cohen - Head, IR Stephan Scholl - CEO Jeremy Heaton - CFO Greg Goff - President Conference Call Participants Scott Schoenhaus - KeyBanc Capital Markets Kevin McVeigh - UBS Joseph Vafi - Canaccord Genuity Tien-Tsin - Huang JPMorgan Pete Christiansen - Citi Emily Marzo - Bank of America Steven Wahrhaftig - Wedbush Securities Operator Good morning and thank you for holding. My name is Ryan and I will ...

Company Performance - Alight, Inc. reported quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.12 per share, and down from $0.14 per share a year ago, representing an earnings surprise of -8.33% [1] - The company posted revenues of $787 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.53%, and down from $806 million year-over-year [1] - Over the last four quarters, Alight has surpassed consensus EPS estimates three times but has not beaten consensus revenue estimates [1] Stock Performance - Alight shares have declined approximately 19.1% since the beginning of the year, contrasting with the S&P 500's gain of 8.7% [2] - The current Zacks Rank for Alight is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $832.89 million, and for the current fiscal year, it is $0.74 on revenues of $3.48 billion [4] - The estimate revisions trend for Alight is mixed, and changes in estimates for the coming quarters and current fiscal year are anticipated following the recent earnings report [4] Industry Context - The Internet - Software industry, to which Alight belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [5] - Another company in the same industry, i3 Verticals, is expected to report quarterly earnings of $0.35 per share, reflecting a year-over-year change of -7.9%, with revenues projected at $96.43 million, up 2.7% from the previous year [5]

Exhibit 99.1 Alight Reports Second Quarter 2024 Results – Announces CEO succession plan – – Continuing operations BPaaS revenue increased 13% – – 97% of 2024 Revenue Under Contract – – Key wins with UPS, Wayfair, American Honda Motor Company & The Adecco Group – – Completed cloud migration program and fully decommissioned data center – – Repurchased $80 million of common stock – CHICAGO, IL – August 6, 2024 – Alight, Inc. (NYSE: ALIT), a leading cloud-based provider of integrated digital human capital and b ...

Investors might want to bet on Alight, Inc. (ALIT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Ind ...

Investors interested in Internet - Software stocks are likely familiar with Alight, Inc. (ALIT) and F5 Networks (FFIV) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores ...