The Company is affirming its full-year 2022 outlook:
Revenue of $3.09 to $3.12 billion (growth of 6% to 7%).
Adjusted EBITDA in the range of $650 million to $662 million.
Adjusted diluted EPS of $0.54 to $0.60.
BPaaS total contract value bookings of $680 to $700 million.
Bullish
Y
ALIT is down 6.27% to 7.62
R
taking my toys and going home
Bearish
J
At this point the entire market is tanking. I can’t be upset with 1 company when everyone else is also getting destroyed lol
R
I think we've been scammed by Foley who is abandoning ship with the money. Unless they show profitability Monday this will sink further if it even survives this week without breaking under $8/sh, in which case I'm out. This appears to be just another case of these players just printing money for themselves and screwing retail buyers. How can all the institutions be tolerating this? They're part of the game.
Does anyone know, is the $3.1 Billion of debt part of the $5.4 Billion market cap? How can a multibillion dollar company not make a profit?
I feel I've been duped and the trend on this is not looking good, let alone Foley and the insiders selling. Anyone have anything positive to add to this equation and conversation other than hope being a strategy?
Y
ALIT reached a 52 Week low at 8.10
B
Alight should be priced higher but this current market doesn’t care. There are still a lot of hot air stocks trading higher.
Bullish
Y
ALIT is down 6.14% to 8.26
Y
ALIT reached an all time low at 8.13
Y
ALIT reached an all time low at 8.30
Y
ALIT reached a 52 Week low at 8.23
Y
ALIT reached a 52 Week low at 7.83
Y
ALIT reached an all time low at 8.30
Y
ALIT reached an all time low at 8.31
r
May 9 ,2022 we shall see!
Bullish
Y
ALIT is up 5.58% to 8.81
G
"I think both $WPF & $BFT get to $45/$50 and then settle in before moving higher from there" Steve Grasso
Bullish
D
Foley was interviewed live on CNBC today re SPAC's in general and he briefly alluded to WPC/Alight. In case you missed it here were his brief comments outlined:
1. He is concerned that there are too many SPAC's entering the market, many of which are not viable or worthy of investment that are watering down investors appetite for those that are great. 2. He prefers SPAC's over IPO going forward because the last IPO he did took 8 months, made it difficult to time entry into the marketplace, and was very costly. SPAC's are more efficient and allow for better timing. 3. He only brings to market via SPAC companies that are established and have real profits and growth potential going forward. Nothing speculative. 4. Regarding Alight, after the merger, there are no anticipated changes, Blackstone will still be involved, and the public capital will be used to expand the company.
(Please keep in mind that SEC rules prevent Foley from making any specific forward looking promises and projections during this Blackout period before a company goes public.)
Business Outlook
The Company is affirming its full-year 2022 outlook:
Revenue of $3.09 to $3.12 billion (growth of 6% to 7%).
Adjusted EBITDA in the range of $650 million to $662 million.
Adjusted diluted EPS of $0.54 to $0.60.
BPaaS total contract value bookings of $680 to $700 million.
Does anyone know, is the $3.1 Billion of debt part of the $5.4 Billion market cap? How can a multibillion dollar company not make a profit?
I feel I've been duped and the trend on this is not looking good, let alone Foley and the insiders selling. Anyone have anything positive to add to this equation and conversation other than hope being a strategy?
1. He is concerned that there are too many SPAC's entering the market, many of which are not viable or worthy of investment that are watering down investors appetite for those that are great.
2. He prefers SPAC's over IPO going forward because the last IPO he did took 8 months, made it difficult to time entry into the marketplace, and was very costly. SPAC's are more efficient and allow for better timing.
3. He only brings to market via SPAC companies that are established and have real profits and growth potential going forward. Nothing speculative.
4. Regarding Alight, after the merger, there are no anticipated changes, Blackstone will still be involved, and the public capital will be used to expand the company.
(Please keep in mind that SEC rules prevent Foley from making any specific forward looking promises and projections during this Blackout period before a company goes public.)