Exela Technologies, Inc. (XELA) News
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XELA News Highlights
- XELA's 30 day story count now stands at 2.
- Over the past 9 days, the trend for XELA's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest XELA News From Around the Web
Below are the latest news stories about EXELA TECHNOLOGIES INC that investors may wish to consider to help them evaluate XELA as an investment opportunity.
11 Robinhood Stocks with Biggest UpsideIn this article, we will take a look at the 11 Robinhood stocks with biggest upside. To see more such companies, go directly to 5 Robinhood Stocks with Biggest Upside. The stock market gains seen this year despite rising inflation, rate hikes and recession fears have emboldened market bulls. Many now believe the next year […] |
Exela Technologies Announces Expansion of Digital Marketing Execution Solutions with a New Logo in Healthcare IndustryIRVING, Texas, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”) announced today that the Company signed a new customer for its Marketing Execution solution (“XME”). Exela’s customer, a large regional healthcare provider, was using multiple vendors for print, promotional products and branded apparel leading to inefficiencies and escalating costs. The customer also experienced operationa |
Exela Technologies, Inc. (NASDAQ:XELA) Q2 2023 Earnings Call TranscriptExela Technologies, Inc. (NASDAQ:XELA) Q2 2023 Earnings Call Transcript August 14, 2023 Operator: Good morning and welcome to the Exela Technologies Second Quarter 2023 financial results conference call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would like now to turn the conference over to Vince […] |
Q2 2023 Exela Technologies Inc Earnings CallQ2 2023 Exela Technologies Inc Earnings Call |
Exela Technologies, Inc. Reports Preliminary Second Quarter 2023 ResultsPreliminary Second Quarter Highlights Revenue of $272.9 million, up 2.3% year-over-year (up 2.5% on a constant currency basis)Net loss of $30.9 millionGross profit(1) of $60.9 million, up 23.0% or $11.4 million year-over-year, with a corresponding margin of 22.3% and up 3.8% year-over-year and up 1.4% sequentiallyAdjusted EBITDA of $40.9 million, up 12.1% year-over-year, with a corresponding margin of 15.0% and up 17.8% sequentially$106.2 million in new TCV(2) wins and renewal of $32.8M TCV refl |
Exela Technologies, Inc. to Host Second Quarter 2023 Financial Results Conference CallIRVING, Texas, Aug. 11, 2023 (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 second quarter 2023 at 8:30 a.m. ET on August 14, 2023. Exela will issue a press release reporting its results before the start of the call. Hosting the call and reviewing the results will be Par Chadha, Executive Chairman, and Shrikant So |
XELA Stock Alert: Exela Technologies Announces AI Partnership With MicrosoftAlthough Exela Technologies seemingly inked an exciting AI partnership with Microsoft, investors aren’t touching XELA stock. |
Exela Technologies Leverages Generative AI with Microsoft Azure OpenAI ServiceIRVING, Texas and PUNE, India, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”) today announced its collaboration with Microsoft to help Exela’s customers leverage generative AI technologies on Microsoft Azure. The integration combines Exela technology with Microsoft Azure OpenAI Service, providing customers with access to OpenAI’s advanced AI models with the security and enterprise promise of Azure. The collabor |
Exela Technologies Meets Renowned German IT Security Standard, “TR-Resiscan”FRANKFURT, Germany, July 25, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”), announced today that the Company has obtained the highest-level certification from the Bundesamt für Sicherheit in der Informationstechnik (“BSI”), the country’s Federal Office for Information Security, TR-Resiscan. The BSI is Germany’s IT Security authority, providing information security guidance and promoting secur |
Exela Technologies Announces Public Sector Customer GrowthIRVING, Texas, July 18, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”), announced today that the Company signed several additional US counties for its Digital Mailroom (“DMR”) solution, continuing to increase its market share of the Public Sector customer space contributing to Exela’s ITPS segment, which generated $765 million of revenue in 2022. Exela is working with various counties to provi |