ALIT Stock Recent News

Alight (ALIT) shifts from data centers to AWS cloud environment in a bid to improve its margins and simplify business.

CHICAGO--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that its President, Greg Goff, will present at the Canaccord Genuity 44th Annual Growth Conference in Boston on Tuesday, August 13, 2024 at 9 a.m. ET, available via live webcast and replay here. About Alight Solutions Alight is a leading cloud-based human capital technology and services provider for many of the world's largest organizations. Throu.

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 be your conference operator today.

Alight, Inc. (ALIT) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.14 per share a year ago.

CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that it has closed the previously announced sale of its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment (the “Payroll & Professional Services business”) to an affiliate of H.I.G. Capital. The sale of the Payroll & Professional Services business, which will operate a.

Investors looking for stocks in the Internet - Software sector might want to consider either Alight, Inc. (ALIT) or Paycor HCM, Inc. (PYCR). But which of these two companies is the best option for those looking for undervalued stocks?

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that it has entered into an accelerated share repurchase agreement ("ASR") with Barclays Bank PLC to repurchase $75 million of Alight's common stock, as part of the Company's existing share repurchase program which had remaining authority of $168 million as of June 14, 2024. Under the terms of the ASR, Alight will make an initial paymen.

Alight (ALIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Alight (ALIT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Investors need to pay close attention to Alight (ALIT) stock based on the movements in the options market lately.