Alight Sees FY23 EPS $0.62-$0.67 Vs $0.69 Est; FY23 Revenue $3.47B-$3.51B Vs $3.37B Est

Business Outlook Given the strong results in 2022 and recent momentum, the Company is introducing its full-year 2023 outlook: Revenue of $3.47 billion to $3.51 billion (growth

Business Outlook

Given the strong results in 2022 and recent momentum, the Company is introducing its full-year 2023 outlook:

  • Revenue of $3.47 billion to $3.51 billion (growth of 11% to 12%) on a higher 2022 revenue base than the Company’s original guidance.
  • Adjusted EBITDA in the range of $735 million to $750 million (growth of 12% to 14%).
  • Adjusted diluted EPS of $0.62 to $0.67 (growth of 9% to 18%).
  • BPaaS total contract value bookings of $900 million to $1.0 billion.
    • Operating Cash Flow Conversion rate of 45-55%, up from 43% in the prior year.
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