LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital and technology services provider, and CirrusMD, a physician-first provider of on-demand virtual care, today announced a strategic agreement to offer a chat-enabled, physician-led, virtual care solution. The partnership is aimed at breaking down barriers to virtual care by providing employees with access to expert physicians across a wide range of health care needs on the Alight Worklife platform. “The Alig ...

Alight, Inc. (NYSE:ALIT) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Stephan Scholl - Chef Executive Officer Katie Rooney - Global CFO, COO Jeremy Heaton - Operating CFO Jeremy Cohen - Head of Investor Relations Conference Call Participants Scott Schoenhaus - KeyBanc Capital Markets Pete Heckmann - DA Davidson Tien-tsin Huang - J.P. Morgan Kyle Peterson - Needham and Company Pete Christiansen - Citi Emily Marzo - Bank of America Operator Good morning, and thank you for ...

3rd Quarter 2023 Earnings Presentation Alight, Inc. November 1, 2023 © 2023 Alight. All rights reserved. Disclaimer Forward-looking statements as pro forma results under applicable regulations. This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Non-GAAP financial measures These statements include, but are not limited to, statements related to the expectations re ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ 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. (Exact Name of Registrant as Specified in its Charter) Delaware 86-1849232 ( State or other jurisdiction o ...

2nd Quarter 2023 Earnings Presentation Alight, Inc. August 1, 2023 © 2023 Alight. All rights reserved. Disclaimer Forward-looking statements This presentation contains forward-looking statements within the meaning of Section 27A of the Non-GAAP financial measures Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Included in this presentation are certain non-GAAP financial measures, such as Adjusted EBITDA, Adjusted These statements include, but are not l ...

Alight, Inc. (NYSE:ALIT) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Jeremy Cohen - VP, IR Stephan Scholl - CEO Katie Rooney - CFO Conference Call Participants Kyle Peterson - Needham & Company Kevin McVeigh - Credit Suisse Tien-tsin Huang - J.P. Morgan Pete Heckmann - D.A. Davidson Peter Christiansen - Citi Heather Balsky - Bank of America Steve Dechert - KeyBanc Operator Good afternoon and thank you for holding. My name is Stacy, and I will be your conference operator t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ 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. (Exact Name of Registrant as Specified in its Charter) Delaware 86-1849232 ( State or other jurisdiction of (I. ...

Financial Data and Key Metrics Changes - The company reported a revenue growth of 14.6% in Q1 2023, with BPaaS revenue growth of 50% [14][7] - Recurring revenue increased by 16%, comprising 85.7% of total revenue, a 130 basis point increase year-over-year [14][15] - Adjusted EBITDA rose by 8.5% to $154 million, with an adjusted EBITDA margin of 18.5% [15][14] - Operating cash flow for the quarter was $72 million, translating to a conversion rate of 47%, significantly up from 13% last year [15][14] Business Line Data and Key Metrics Changes - Employer Solutions segment revenue increased by 16.1%, with recurring revenue up 17.4% and project revenue up roughly 2% [17] - Professional Services segment revenue grew by 8.9% to $98 million, driven by 10% growth in recurring revenue [18] Market Data and Key Metrics Changes - The company achieved over $1.5 billion in cumulative BPaaS bookings, nine months ahead of the original three-year projections [7][14] - The pipeline remains strong, with expectations for full-year BPaaS bookings between $900 million to $1 billion [15][14] Company Strategy and Development Direction - The company is focused on strategic investments in product innovation, including the latest release of the Alight Worklife platform [9] - An expanded partnership with Workday aims to provide a comprehensive solution in various European markets [10] - The company is undergoing a restructuring program to improve backend efficiency and transition to cloud infrastructure [12] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed 2023 financial targets, including double-digit growth and margin expansion [13] - The company is monitoring macroeconomic conditions, particularly regarding project revenue and potential impacts from unemployment trends [50][49] Other Important Information - The company completed Phase 1 of its cloud migration on time and is transitioning customers to the new infrastructure [12][36] - A secondary offering allowed the company to repurchase 1.1 million shares, with remaining authorization at $78 million [20] Q&A Session Summary Question: International growth opportunities - Management expressed excitement about international markets, particularly in Europe, where they see strong pipelines and large deal sizes [25][27] Question: Integration of AI into offerings - The company is actively exploring AI capabilities to enhance user experience and automate processes [29][30] Question: Confidence in BPaaS bookings for the year - Management confirmed a strong pipeline and balanced approach to large transformational deals and smaller bookings [32][34] Question: Impact of regional bank volatility - Management reported no significant impact from regional bank disruptions, maintaining strong client relationships [40] Question: Capital deployment priorities - The company prioritizes organic investments, potential acquisitions, and disciplined stock buybacks [42] Question: Conversion backlog and staffing - Management indicated no delays in implementation despite large deals, with a focus on maintaining timelines [46] Question: Macro indicators for business impacts - Key indicators include unemployment trends and customer demand, which could affect project revenue [50][49] Question: P&L benefits from restructuring and cloud conversion - Management outlined expected benefits from restructuring and cloud migration, with a focus on long-term improvements [55] Question: Workday partnership details - The partnership focuses on providing integrated solutions, particularly in Global Payroll, with plans for expansion [58][60]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ 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. (Exact Name of Registrant as Specified in its Charter) Delaware 86-1849232 ( State or other jurisdiction of (I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ 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. (Exact name of Registrant as specified in its Charter) Delaware 86-1849232 (State or other jurisdiction of (I.R.S. ...