ALIT Q1 2023 Earnings — Alight, Inc. Revenue & Financial Results | Market Cap Arena

ALITAlight, Inc.

$469M

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$586M-19.2% YoY

Gross Profit

$187M31.9% margin

Operating Income

-$40M-6.8% margin

Net Income

-$68M-11.6% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-37.8%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$27M

Stock-Based Comp.

$37M

Balance Sheet

Total Assets

$10.9B

Total Liabilities

$6.0B

Stockholders' Equity

$4.5B

Cash & Equivalents

$239M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$586M	$725M	-19.2%
Gross Profit	$187M	$223M	-16.1%
Operating Income	-$40M	-$2M	-1900.0%
Net Income	-$68M	-$11M	-518.2%

Revenue Segments

Other Segments

$10M100%