Alight reports Q2 EPS 4c, consensus 11c

Reports Q2 revenue $787M, consensus $796.59M. Reports Q2 adjusted EBITDA $145M vs. $157M last year. “Alight is entering its next chapter following the accomplishment of several key strategic milestones including its recent divestiture,” said CEO Stephan Scholl. “As a simplified and focused wellbeing & benefits company, we have accelerated our financial profile, underscored by the immediate margin expansion and future earnings power. As I look to what is next for Alight, we are well-positioned to navigate a dynamic environment with tremendous long-standing relationships, world class services & technology, and highly impressive colleagues to serve our thousands of clients.”