Alight reports Q4 adjusted EPS 30c, consensus 26c

Reports Q4 revenue $960M, consensus $1.03B. “Our three-year transformation has generated significant momentum and enabled Alight to deliver strong 2023 results,” said CEO Stephan Scholl. “Our 2023 highlights include strong demand for our solutions with BPaaS revenue growth of 34%, gross margin improvement of over 150 basis points and growth of 35% in operating cash flow. We’re starting 2024 with a great foundation with record revenue under contract of $3 billion and a steadfast and focused mission to deliver employer and employee outcomes through our Alight Worklife(R) platform strategy.”