Alight Inc. (NYSE:ALIT) plummeted by 18.32% following disappointing Q2 earnings, reporting a net loss of $1.07 billion and a revenue dip to $528 million, down from $538 million last year. The company’s attributable net loss for the first half of the year widened to $1.098 billion from $91 million, with revenues dropping to $1.076 billion from $1.097 billion. Full-year revenue target was adjusted to $2.282 billion to $2.329 billion from a previous range of $2.318 billion to $2.388 billion. CEO Dave Guilmette remains optimistic about operational levers but acknowledges delays in growth due to deal closures taking longer.

Read more at Yahoo Finance: Alight Inc. (ALIT) Nosedives 18% as Earnings Disappoint