NYSE$ALIT
Alight Solutions Inc. · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Alight's Q4 2022 results were reported, with revenue increasing by 9.0% and BPaaS revenue growing by 61.3%.
Alight reported a 9.0% increase in revenue to $942 million for Q4 2022, driven by growth in Employer Solutions and BPaaS. The company's BPaaS bookings increased significantly, and Adjusted EBITDA also saw a substantial rise.
- Revenue increased by 9.0% to $942 million.
- BPaaS revenue grew by 61.3% to $171 million, representing 18.2% of total revenue.
- BPaaS bookings increased by 114.7% to $307 million.
- Adjusted EBITDA increased 27.4% to $242 million.
Headline financials
Revenue & EPS history
Alight · Revenue · Quarterly
$942M
Revenue by segment
Alight · $171M total across 1 segment · Q4 2022
- BPaaS Revenue$171M+61.3%100.0%
Forward guidance
The Company is introducing its full-year 2023 outlook: •Revenue of $3.47 billion to $3.51 billion (growth of 11% to 12%) on a higher 2022 revenue base than the Company’s original guidance. •Adjusted EBITDA in the range of $735 million to $750 million (growth of 12% to 14%). •Adjusted diluted EPS of $0.62 to $0.67 (growth of 9% to 18%). •BPaaS total contract value bookings of $900 million to $1.0 billion. •Operating Cash Flow Conversion rate of 45-55%, up from 43% in the prior year.
Tailwinds
- Revenue of $3.47 billion to $3.51 billion (growth of 11% to 12%) on a higher 2022 revenue base than the Company’s original guidance.
- Adjusted EBITDA in the range of $735 million to $750 million (growth of 12% to 14%).
- Adjusted diluted EPS of $0.62 to $0.67 (growth of 9% to 18%).
- BPaaS total contract value bookings of $900 million to $1.0 billion.
- Operating Cash Flow Conversion rate of 45-55%, up from 43% in the prior year.
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 Q4 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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