ALIT Q2 2023 Earnings — Alight, Inc. Revenue & Financial Results | Market Cap Arena

ALITAlight, Inc.

$469M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$561M-21.5% YoY

Gross Profit

$187M33.3% margin

Operating Income

-$36M-6.4% margin

Net Income

-$67M-11.9% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$90M

Free Cash Flow

$57M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.8B

Total Liabilities

$5.8B

Stockholders' Equity

$4.5B

Cash & Equivalents

$271M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$561M	$715M	-21.5%
Gross Profit	$187M	$219M	-14.6%
Operating Income	-$36M	-$23M	-56.5%
Net Income	-$67M	$51M	-231.4%

Revenue Segments

Other Segments

$9M100%