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Alight Crushes Earnings, Stock Trades at $0.82
Description
Alights Q1 2026 earnings surpassed Wall Street expectations, with revenue at $534M, adjusted EPS at $0.06, and adjusted EBITDA at $104M. Despite a slight revenue dip, the market loved the results. CEO Rohit Verma attributed the outperformance to higher project revenue and strong partner inflows. Operating margins slipped to -4.1%, and management didnt provide full-year free cash flow guidance. Analysts questioned team-building and future growth. The stock is trading at $0.82, down from $0.87 pre-earnings.
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