MARKET COMPOSITE
XELA - Exela Technologies Inc8:00:00 PM 4/19/2024
Price
$1.98
-0.02 (-1.00%)
Exela Technologies, Inc. is a global business process automation company. It was created with the merger of SourceHOV LCC, Novitex Holdings, Inc. and Quinpario Acquisition Corp. 2. Exela services include workflow automation, digital mail rooms, attended and un-attended cognitive automation, print communications, and payment processing.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue264.4MM+4%
Gross Profit58MM+6%
Cost Of Revenue--
Operating Income1.7MM-20%
Operating Expenses56.3MM-
Net Income-25.7MM+11%
G&A38.9MM+10%
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Stock news

    IRVING, Texas, April 15, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA, XELAP), a global business process automation (“BPA”) leader, will host a conference call with the financial community to discuss results for the fourth quarter and full year 2023 at 4:30 p.m. ET on April 17, 2024. Hosting the call and reviewing the results will be Par Chadha, Executive Chairman, and Matt Brown, Interim Chief Financial Officer. The conference call will be broadcast

    2023 revenue of $1,064.1 million, down 1.2% year-over-yearGross margin of 21.7% in 2023 vs 18.5% in 2022Operating profit of $8.1 million, up $236.8 million due to increased gross margin, lower SG&A and no impairments in 2023 versus 2022Net loss of $124.4 million ($125.1 attributable to Exela Technologies Inc), an improvement of $291.4 million year-over-yearCertain of the Company’s subsidiaries issued approximately $764.8 million of aggregate principal amount of new notes in exchange for $956.0 m

    IRVING, Texas, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA; XELAP), a business process automation leader, today announced that it adjourned the Annual Meeting of Stockholders held on January 26, 2024 (the "Meeting"). The Meeting will reconvene on June 13, 2024 at 11:00 AM ET/10:00 a.m. Central Time. Due to lack of required quorum, the Meeting was adjourned, without any business being conducted, to allow additional time for the Company’s sto

    Vineet Chaku joins Reaktr.ai as PresidentIRVING, Texas and LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP) and XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW) announce the launch of a new Global Business Unit, Reaktr.ai. This step follows the successful expansion of FAO services more than a year ago, which was well received by customers, resulting in many new logos and industry accolades. Reaktr.ai is another example of Exela addressing

    IRVING, Texas, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced today that the Company has been recognized as a Disruptor in the Avasant Talent Acquisition Business Process Transformation 2023–2024 RadarView. Describing the current market outlook for talent management, Shabnum Grewal, Partner at Avasant Research, said, “Global phenomena, such as a prolonged, negative economi

    IRVING, Texas, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA; XELAP), a business process automation leader, today announced that it adjourned the Annual Meeting of Stockholders held on December 29, 2023 (the "Meeting"). The Meeting will reconvene on Friday, January 26, 2024 at 11:00 AM ET/10:00 a.m. Central Time. Due to lack of required quorum, the Meeting was adjourned, without any business being conducted, to allow additional time for the C

    IRVING, Texas, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business process automation leader, today reminds its stockholders to vote ahead of the upcoming annual meeting of stockholders (the "Meeting"). The Meeting will be held online at www.virtualshareholdermeeting.com/XELA2023 on Friday, December 29, 2023 at 10:00 AM ET/9:00 a.m. CT. The Board of Directors of Exela unanimously recommends that the Company's stockholders vote "

    IRVING, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced that the Company has been recognized as an Emerging Solution Provider in the Hackett Value Matrix™ for Finance and Accounting Outsourcing Solution Providers (“FAO”). The Hackett Excelleration Matrix™ evaluates providers’ differentiated capabilities and also assesses the value that organizations can expect soluti

    IRVING, Texas, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced today that the Company has been included in the Forrester's ‘Accounts Payable Invoice Automation Landscape, Q4 2023 report’. In an overview of 33 notable vendors, this comprehensive report focuses on how accounts payable invoice automation (APIA) can streamline the capture of invoice data, automate key steps in

    IRVING, Texas, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA; XELAP), a business process automation leader, today announced that it adjourned the Annual Meeting of Stockholders held on December 5, 2023 (the "Meeting"). The Meeting will reconvene on Friday, December 29, 2023 at 10:00 AM ET/9:00 a.m. Central Time. Due to lack of required quorum, the Meeting was adjourned, without any business being conducted, to allow additional time for the Co