Alight, Inc. (NYSE: ALIT) reported Q2 EPS of ($33.65), versus ($196.81) reported last year. Revenue for the quarter came in at $672 million, versus $647 thousand reported last year.

GUIDANCE:

Alight, Inc. sees FY2021 revenue of $2.81-2.86 billion.

Given the momentum in the first half of the year along with the planned closing of the Aon Retiree Health Exchange acquisition early in the fourth quarter, the Company is raising its full-year 2021 revenue and adjusted EBITDA outlook as follows:

• Revenue growth to a range of 3%-5%, or $2.81 billion to $2.86 billion, which is expected to be weighted toward the fourth quarter. This compares to the Company’s previous full-year 2021 revenue growth outlook of approximately 1%, or $2.76 billion.
• Adjusted EBITDA growth to a range of 8%-10%, or $610 million to $620 million. This compares to the previous full-year 2021 adjusted EBITDA growth outlook of approximately 6%, or $600 million. In addition, the Company’s updated full-year adjusted EBITDA outlook now includes estimated public company costs, whereas the Company’s previous adjusted EBITDA outlook excluded any estimates for public company costs.

For earnings history and earnings-related data on Alight, Inc. (ALIT) click here.