Revenue and EBITDA Growth
Revenue for the quarter was $528 million and adjusted EBITDA was $127 million, representing an 80 basis point margin increase over the prior year.
Free Cash Flow Increase
Free cash flow for the first half was up over 30%, with a target of $250 million to $285 million for the year.
Strategic AI and Technology Advancements
Significant advancements in AI, including partnerships with Microsoft and IBM, and a 17% reduction in call volumes with enhancements to the Alight Worklife platform.
Partnership with Goldman Sachs
Announced partnership with Goldman Sachs Asset Management to expand wealth offerings, viewed as a significant revenue growth opportunity.
Notable Client Renewals
Renewals with major clients such as Target, Johnson & Johnson, Hyatt, and others, with some leading to an expansion of services.