NYSE$ALIT
Alight Solutions Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Alight's revenue grew, driven by Employer Solutions and BPaaS, with increased net income and strategic investments.
Alight reported a 6.4% increase in revenue to $715 million, driven by a 7.9% growth in Employer Solutions revenue and a 36.2% surge in BPaaS revenue. Net income rose to $52 million, a significant improvement from the prior year's net loss. The company is focused on expanding its Alight Worklife platform and securing new client wins, while reiterating its full-year 2022 outlook and authorizing a $100 million stock repurchase program.
- Revenue grew by 6.4% to $715 million, with Employer Solutions revenue increasing by 7.9%.
- Net income improved to $52 million, compared to a net loss of $4 million in the previous year.
- BPaaS revenue grew significantly by 36.2%, representing 17.9% of total revenue.
- The company authorized a $100 million stock repurchase program.
Headline financials
Revenue & EPS history
Alight · Revenue · Quarterly
$715M
Revenue by segment
Alight · $128M total across 1 segment · Q2 2022
- BPaaS Revenue$128M+36.2%100.0%
Forward guidance
The Company is affirming its full-year 2022 outlook and providing an outlook for the second half of 2022 to provide better insight into the seasonality of the business.
Tailwinds
- Revenue of $3.09 to $3.12 billion (growth of 6% to 7%).
- Adjusted EBITDA in the range of $650 to $662 million.
- Adjusted diluted EPS of $0.54 to $0.60.
- BPaaS total contract value bookings of $680 to $700 million.
- For the third quarter of 2022, revenue of $735 to $750 million and Adjusted EBITDA of $115 to $125 million.
Headwinds
- For the fourth quarter of 2022, revenue of $915 to $930 million and Adjusted EBITDA of $245 to $255 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-1.5%
Avg return
Earnings day
-1.0%
Avg return
5 days after
-3.2%
Avg return
30 days after
57%
13 / 23 earnings
Positive
+12.9%
Q3 2024
Best reaction
-39.4%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.7% | +14.7% | -9.4% | |
| Q4 2025 | -39.4% | -41.4% | -47.9% | |
| Q3 2025 | -7.1% | -15.9% | -24.4% | |
| Q1 2025 | +7.1% | +12.6% | +4.4% | |
| Q4 2024 | +3.7% | +4.3% | -9.3% | |
| Q3 2024 | +12.9% | +3.6% | -3.4% | |
| Q2 2024 | -1.6% | -0.3% | +4.2% | |
| Q1 2024 | -17.2% | -19.9% | -19.3% | |
| Q4 2023 | -6.9% | -3.8% | +3.7% | |
| Q3 2023 | +10.7% | +7.8% | +19.7% | |
| Q2 2023 | -12.6% | -13.3% | -21.9% | |
| Q1 2023 | -5.6% | -8.6% | -0.6% | |
| Q4 2022 | +4.5% | +2.7% | -9.2% | |
| Q3 2022 | +11.9% | +20.5% | +14.8% | |
| Q2 2022 | +4.4% | +8.9% | +1.6% | |
| Q1 2022 | -8.9% | -0.6% | +4.3% | |
| Q4 2021 | +0.3% | +3.4% | -0.6% | |
| Q3 2021 | +6.1% | -0.4% | -6.5% | |
| Q2 2021 | +7.1% | +1.6% | +25.0% | |
| Q1 2021 | +1.5% | +3.1% | +0.2% | |
| Q4 2020 | +0.3% | -4.2% | -2.2% | |
| Q3 2020 | +1.5% | +0.5% | +3.2% | |
| Q2 2020 | -0.9% | +1.2% | -0.9% | |
| Q1 2020 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q4 2017 | — | — | — |
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