Alight raises full‑year 2026 outlook after Q3 results show revenue decline but earnings beat
+1 new source since this summary was written
Alight reported third‑quarter 2026 revenue of $500 million, a 6.2% year‑over‑year drop, and adjusted EBITDA of $86 million. The company posted a net loss of $51 million but delivered non‑GAAP earnings per share of $0.66. CEO Rohit Verma said the results reflect progress on the transformation plan and highlighted the recent acquisition of Abett. Alight lifted its full‑year revenue guidance to $2.115‑$2.125 billion and adjusted EBITDA guidance to $410‑$420 million.
Why it matters
The raised guidance suggests higher than previously expected cash flow for 2026, which analysts linked to the stock jumping 15.2% after the release (Yahoo) and shares gaining about 17% in after‑hours trading (Investing.com). Investors may reassess valuation based on the improved outlook.
Key facts
- 1Q3 2026 revenue was $500 million, down 6.2% year‑over‑year. sec.gov
- 2Adjusted EBITDA for the quarter was $86 million. stocktitan.net
- 3Net loss for the quarter was $51 million. sec.gov
- 4Non‑GAAP earnings per share were $0.66. seekingalpha.com
- 5Full‑year 2026 revenue guidance was raised to a range of $2.115 billion to $2.125 billion. sec.gov
- 6Full‑year adjusted EBITDA guidance was raised to a range of $410 million to $420 million. sec.gov
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.