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Alight Q2 Adjusted Earnings, Revenue Fall; Shares Down Early
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Alight Q2 Adjusted Earnings, Revenue Fall; Shares Down Early
Aug 6, 2024 7:26 AM

09:57 AM EDT, 08/06/2024 (MT Newswires) -- Alight (ALIT) reported Q2 adjusted earnings Tuesday of $0.11 per share, down from $0.14 a year earlier.

Analysts polled by Capital IQ expected $0.11.

Revenue for the quarter ended June 30 was $787 million, down from $806 million a year earlier.

Analysts polled by Capital IQ expected $790.1 million.

For the second half of 2024, the human resource firm said it expects adjusted diluted EPS of $0.31 to $0.36 on revenue of $1.21 billion to $1.23 billion. Analysts' estimates for the six-month period were not available for comparison.

Alight shares were down 9% in morning trading.

Price: 6.25, Change: -0.65, Percent Change: -9.42

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