ALIT Stock Recent News

Starboard Value nominated four director candidates on Alight's board. An opportunity to reduce costs and raise margins could emerge.

Alight, Inc. (ALIT) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago.

Artemis Resources Ltd (ASX:ARV, AIM:ARV, OTCQB:ARTTF) was a top mover in the junior mining segment after today providing an exploration update on its projects in West Pilbara, focusing on the potential of its Kobe and Osborne sites for lithium extraction. Recent drilling has revealed sub-vertical orientations of pegmatites at these locations, with one drill hole possibly stopping short of the Osborne target.

Alight trades at a significant discount to some of its industry peers. Its strategy to rely more on automation can also deliver margin expansion, prompting analysts to revise the EPS upward six times during the last 3 months. On top, its restructuring plan can deliver about $100 million of cost savings and offset the effects of uncertainties associated with lower economic growth in 2024.

While digital innovation served as the backbone of last year's resilient market performance, investors moving forward may want to concentrate on top-rated tech stocks. Specifically, these ideas have the endorsement of Wall Street analysts who have pegged the enterprises as strong buys.

Beijing's antidumping probe into brandy imported from the EU shows why Europe is in a weak position to protect its electric-vehicle market.

Despite missing Wall Street's sales target, Alight handily beat earnings expectations in Q3. The company also raised its full-year earnings outlook.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”) today announced it will release third quarter 2023 earnings results before market open on Wednesday, November 1, 2023, and management will subsequently discuss the results on a webcast at 8:30 a.m. ET. The webcast and a presentation of financial information will be publicly available at Events & Presentations. A replay of the call will be available on the Company website, and through Wednesday November 15, 2023 by dia.

Artificial intelligence darling Nvidia's upcoming earnings report could be a boost or a drag on a market already mired in the summer doldrums.

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.