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Alight Q3 Adjusted Earnings Flat, Revenue Down; Q4 Outlook Issued
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Alight Q3 Adjusted Earnings Flat, Revenue Down; Q4 Outlook Issued
Nov 12, 2024 5:57 AM

08:29 AM EST, 11/12/2024 (MT Newswires) -- Alight (ALIT) reported Q3 adjusted earnings Thursday of $0.09 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected $0.08.

Revenue for the quarter ended Sept. 30 was $555 million, down from $557 million a year earlier.

Analysts surveyed by Capital IQ expected $538.3 million.

For Q4, the company expects adjusted diluted EPS of $0.22 to $0.27 on revenue of $665 million to $685 million. Analysts polled by Capital IQ expect normalized EPS of $0.22 on revenue of $678.4 million.

Shares of the company were up more than 1.5% in recent Tuesday premarket activity.

Price: 7.04, Change: +0.11, Percent Change: +1.59

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