Alight, Inc. (NYSE:ALIT) Q1 2022 Earnings Conference Call May 9, 2022 8:30 AM ET
Company Participants
Greg Faje – Head-Investor Relations
Stephan Scholl – Chief Executive Officer
Katie Rooney – Chief Financial Officer
Conference Call Participants
Kevin McVeigh – Credit Suisse
Peter Heckmann – D.A. Davidson
Tien-Tsin Huang – JP Morgan
Operator
Good morning. And thank you for holding. My name is Peter, and I will be your conference operator today. Welcome to Alight's First Quarter 2022 Earnings Conference Call. At this time, all parties are in listen-only mode. As a reminder, today's call is being recorded and a replay of the call will be available on the Investor Relations section of the company's website.
And now, I would like to turn it over to Greg Faje, Head of Investor Relations at Alight to introduce today's speakers.
Greg Faje
Good morning. Thank you for joining us. Earlier today, the company issued a press release with first quarter 2022 results. A copy of the release can be found on the Investor Relations section of the company's website at investor.alight.com.
Before we get started, please note that some of the company's discussion today will include forward-looking statements. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements due to a variety of factors. These factors are discussed in more detail in the company's filings with the SEC, including the company's 10-K filed with the SEC. As such factors may be updated from time to time in the company's periodic filings with the SEC. The company does not undertake any obligation to update forward-looking statements.
Also throughout this conference call, the company will be presenting non-GAAP financial measures. Reconciliation of the company's historical non-GAAP financial measures to their most directly comparable GAAP financial measures appear in today's earnings press release.
On the call from management today are Stephan Scholl, CEO; and Katie Rooney; CFO.
After their prepared remarks, we will open the call up for questions.
I will now hand the call over to Stephan.
Stephan Scholl
Thanks, Greg, and good morning everyone.
The last two years Alight has been embarking on an important transformation to create a differentiated approach to human capital management that allows companies to change the relationship they have with their people. As I've said before, two of the most important aspects of people's lives are their health and financial wellbeing, and the pandemic had a hugely negative impact on both for so many workers. But we're not in the clear coming out of the pandemic companies continue to struggle with attracting and retaining a more discerning workforce. Employees want more from their employers, and that is not going to change. This is the new normal, and this is accelerating the demand for Alight’s approach.