NASDAQ: XELA

Press Releases

 

Press Releases

July 22, 2024
Exela Technologies and AIDEO Technologies Enter Strategic Alliance
Exela is a leader in healthcare technologies and Aideo is a Leading AI Platform for Autonomous Coding in Healthcare IRVING, Texas , July 22, 2024 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”)
July 1, 2024
Exela Announces Plans to Spinoff Its BPA Business to Maximize Shareholder Value
IRVING, Texas , July 01, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA , XELAP), a business process automation leader, today announced that its Board of Directors (the “Board”) has authorized Exela to consider a spin-off of its wholly-owned subsidiary,
May 15, 2024
Exela Technologies Holdings, Inc. Reports First Quarter 2024 Results
First Quarter Highlights Revenue of $258.8 million , down 5.4% year-over-year Gross margin of 22.0%, up 1.1% year-over-year Interest expense of $21.1M , down 52.3% year-over-year SG&A of $40.9M , down 7.9% year-over-year Operating profit of $0.1M versus a loss of $6.9 million year-over year Net
April 4, 2024
Exela Technologies Holdings, Inc. Reports Full Year 2023 Results
2023 revenue of $1,064.1 million , down 1.2% year-over-year Gross margin of 21.7% in 2023 vs 18.5% in 2022 Operating profit of $8.1 million , up $236.8 million due to increased gross margin, lower SG&A and no impairments in 2023 versus 2022 Net loss of $124.4 million ( $125.1 attributable to Exela
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