Earnings

On a non-GAAP basis, gross margin was 72.4%, operating income was USD 261.6 million for a margin of 44.7%, and net income was USD 243.4 million, or USD 1.32 per diluted share. Chief Executive Officer Jitendra Mohan said growth was broad-based and led by …

Recurring revenue for the quarter was USD 458 million, compared with USD 489 million a year earlier. The company stated that the decrease was primarily driven by lower Net Commercial Activity. Alight reports one segment, Employer Solutions.

Gross margin was 61.5% compared with 59.7%. Management credited lower instrument costs, higher average selling prices for consumables, higher margins on services and a favorable product mix.

On a non-GAAP basis, gross margin was 56%, operating income was USD 3.9 billion for a 29% margin versus 24%, and net income was USD 3.5 billion. Non-GAAP diluted EPS of USD 2.09 compared with USD 1.66 in the second quarter. Chair and Chief …

GAAP EPS increased 19% from USD 5.93 to USD 7.08.GAAPOperating Incomerose from USD 2.5 billion to USD 3.7 billion, lifting GAAPOperating Marginby 9.9 percentage points to 37.5%. Non-GAAP EPS rose 14% from USD 5.64 to USD 6.45, with non-GAAP operating income of USD 4.7 …

Platform subscription revenue was USD 23.9 million versus USD 30.9 million. Visits revenue was USD 23.7 million versus USD 21.2 million, and other revenue was USD 1.4 million versus USD 4.2 million.

President and Chief Executive Officer Bill Krueger said results improved in both Renewables and Agribusiness. For the first nine months, net income attributable to the company was USD 136.2 million versus USD 28.3 million, and adjusted EBITDA was USD 333.1 million versus USD 200.7 …