Alight Inc Stock Price, News & Analysis

Alight (NYSE: ALIT) has appointed David Essary as its new Chief Strategy Officer. In this role, Essary will be responsible for driving the company's corporate strategy, including M&A, corporate development, product strategy, and Alight Partner strategy. Essary joins from Allstate Health & Benefits, where he served as President and managed a $2.6 billion business.

Essary brings significant entrepreneurial experience, having co-founded several successful ventures in the health and benefits administration space, including Accord Systems, Zevo Benefits, Advice2Pay, and Tricerion Group. His appointment aligns with Alight's focus on evolving as a technology-enabled services company and developing its Alight Worklife® platform.

• Gross profit margin of 31.2% ($171 million)
• Adjusted EBITDA improved to $118 million
• Diluted loss per share of $(0.03)
• 94.9% recurring revenue

Alight (NYSE: ALIT), a cloud-based human capital and technology services provider, has announced a quarterly cash dividend payment. The company's Board of Directors has declared a regular quarterly dividend of $0.04 per share on outstanding Class A Common Stock.

The dividend will be paid on June 16, 2025, to shareholders who are on record at the close of business on June 2, 2025. This announcement demonstrates Alight's commitment to providing regular returns to its shareholders through its dividend program.

Alight (NYSE: ALIT) has scheduled its first quarter 2025 earnings announcement for Thursday, May 8, 2025. The company will release its financial results before the market opens, followed by a management-led discussion via webcast at 8:30 a.m. ET. The webcast and accompanying financial presentation will be accessible to the public through the Events & Presentations section of the company's website.

Alight (NYSE: ALIT) has been recognized as one of America's Greatest Workplaces for Mental Wellbeing in 2025 by Newsweek and Plant-A Insights Group. This recognition follows a comprehensive evaluation including public data analysis, HR professional interviews, and confidential employee surveys.

The company demonstrates its commitment to mental wellbeing through several key initiatives:

• Hosting Mindful Mondays with guided meditation sessions
• Implementing formal mentorship programs and Care Circles
• Establishing colleague-led communities (CLCs) for cultural awareness and professional development

Alight's community engagement includes serving as a presenting sponsor for NAMI-NYC's Mental Health Collaborative, membership in NAMI StigmaFree Workplace, and sponsoring the Mental Health Association of Greater Chicago's 6x6 Breakfast Series. The company was also recently named to the Fortune 100 Best Companies to Work For® in 2024.

Alight (NYSE: ALIT) has achieved a significant milestone by successfully onboarding its 200th Pension Risk Transfer (PRT) transaction. The company, which launched its PRT business in 2019, has demonstrated remarkable growth with over 60 unique deals closed in 2024.

The transactions have varied in scale, ranging from less than 10 to over 70,000 policyholders per transaction. Notably, 41% of onboarding transactions included deferred lives, where benefits had yet to commence. The company manages over 300,000 policyholder interactions annually through its integrated solution that combines digital tools and back-office administration.

Alight's PRT solution provides insurers with technology and expert support to manage costs and risks while delivering high-touch service to policyholders. The platform offers secure access to benefits with intuitive tools and real-time support, streamlining the transition from settlement to payment.

Alight (NYSE: ALIT), a cloud-based human capital and technology services provider, hosted an investor day where executives presented the company's strategy and mid-term financial targets. The event included panels with clients and third-party evaluators discussing employee wellbeing solutions and market trends.

CEO Dave Guilmette emphasized Alight's unique position in the benefits industry and their strategy for long-term profitable growth. The company announced its mid-term financial outlook for 2027, targeting:

• Total annual revenue growth rate of 4-6%
• Adjusted EBITDA margin of approximately 30%
• Cumulative free cash flow of approximately $1 billion between 2025-2027

Alight (NYSE: ALIT), a cloud-based human capital and technology-enabled services provider, has announced plans to host an Investor Day on March 20, 2025. The event will commence at 8:30am CT and will feature a comprehensive program including presentations, panels, and Q&A sessions led by the company's management team.

The event will be accessible to the public through a live webcast, with a replay option available on the investor relations section of Alight's website under the Events & Presentations category.