ALIT Q1 2024 Earnings — Alight, Inc. Revenue & Financial Results | Market Cap Arena

ALITAlight, Inc.

$469M

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$559M-4.6% YoY

Gross Profit

$182M32.6% margin

Operating Income

-$40M-7.2% margin

Net Income

-$114M-20.4% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

-41.8%

Cash Flow

Operating Cash Flow

$100M

Free Cash Flow

$69M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$10.7B

Total Liabilities

$6.2B

Stockholders' Equity

$4.5B

Cash & Equivalents

$506M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$559M	$586M	-4.6%
Gross Profit	$182M	$187M	-2.7%
Operating Income	-$40M	-$40M	+0.0%
Net Income	-$114M	-$68M	-67.6%