Alight Expects FY24 Second Half Revenue Of $1.207B-$1.232B, Adj EPS Of $0.31-$0.36
Portfolio Pulse from Benzinga Newsdesk
Alight expects its revenue for the second half of FY24 to be between $1.207 billion and $1.232 billion, with adjusted EPS ranging from $0.31 to $0.36. The company also projects BPaaS revenue of $265 to $275 million, adjusted EBITDA of $326 million to $351 million, and an adjusted EBITDA margin of 26.5% to 29.1%. Operating cash flow conversion is expected to be 55-65%.
August 06, 2024 | 11:51 am
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Alight projects strong financial performance for the second half of FY24, with revenue expected between $1.207 billion and $1.232 billion, and adjusted EPS ranging from $0.31 to $0.36. The company also anticipates robust BPaaS revenue and adjusted EBITDA.
The positive financial outlook for the second half of FY24, including strong revenue and adjusted EPS projections, is likely to boost investor confidence and positively impact Alight's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100