Exhibit 99.1 Alight Reports First Quarter 2024 Results – Continuing operations BPaaS revenue increased 21% – – Cash from operations increased by 39% to $100 million – – $3.1 billion of total company revenue under contract for 2024 – –Announced agreement to sell Payroll and Professional Services business for up to $1.2 billion, on track for closing mid-year 2024 – – Announced promotion of Greg Goff to President and Jeremy Heaton to Chief Financial Officer with Katie Rooney focusing on supporting the closure ...

Investors are always looking for stocks that are poised to beat at earnings season and Alight, Inc. (ALIT) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Alight is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Alight, Inc. (ALIT) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 13.85%. ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Alight, Inc. (ALIT) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Alight, Inc. is a member of our Computer and Technology group, which includes 618 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Z ...

AzmanL Cloud-based human resource technology firm, Alight, Inc. (NYSE:ALIT) announced the sale of its “professional services and payroll outsourcing business” segment for $1.2 billion to “an affiliate of private equity company, HIG Capital.” The stock has risen just 5.33% (YTD) and 32.11% in the last 6 months indicating a minor positive impact of the divestment on the growth in the stock's price. In this article, I will explain why Alight is a buy due to the sale of its less profitable professional outs ...

Investors with an interest in Internet - Software stocks have likely encountered both Alight, Inc. (ALIT) and Paycor HCM, Inc. (PYCR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies wi ...

Finding profitable investment options is crucial for those looking for significant investment returns. Three equities have emerged as strong candidates, each providing distinct opportunities for noteworthy gain. The first one sticks out for its outstanding financial stability, which includes a positive cash flow and a good cash position that show both durability and the possibility for further growth.In contrast, the second company has deliberately expanded into high-margin industries like renewable energy ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Investors interested in Internet - Software stocks are likely familiar with Alight, Inc. (ALIT) and Paycor HCM, Inc. (PYCR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with ...

Alight, Inc. (ALIT) shares soared 14% in the last trading session to close at $10.08. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.7% loss over the past four weeks.The upswing can be attributed to ALIT's announcement that it has signed a definitive agreement to divest its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment to an affiliate of H.I.G. Capital for up t ...