XELA - Earnings announcements

IRVING, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ: XELA, XELAP), a global business process automation leader, will host a conference call with the financial community to discuss the Company's financial results for the third quarter 2024 at 4:30 p.m. ET on November 29, 2024. Hosting the call and reviewing the results will be Matt Brown, Interim Chief Financial Officer of the Company. The conference call will be broadcast live on Exela's Investor Relations website at https://investors.exelatech.com/. Third Quarter 2024 Results Webcast and Call Access Information:      Date:November 29, 2024Time:4:30 p.m. (ET)Webcast (listen-only)h

IRVING, Texas, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ: XELA, XELAP), a global business process automation leader, will host a conference call with the financial community to discuss the Company's financial results for the second quarter 2024 at 4:30 p.m. ET on August 28, 2024. Hosting the call and reviewing the results will be Matt Brown, Interim Chief Financial Officer of the Company. The conference call will be broadcast live on Exela's Investor Relations website at https://investors.exelatech.com/. Second Quarter 2024 Results Webcast and Call Access Information: Date:August 28, 2024Time:4:30 p.m. (ET)Webcast (listen-only)https://

IRVING, Texas, May 24, 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 first quarter 2024 at 4:30 p.m. ET on May 28, 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 live on Exela's Investor Relations website at http://investors.exelatech.com. First Quarter 2024 Results Webcast and Call Access Information Date:May 28, 2024  Time:4:30 p.m. (ET)  Webcast (listen-only):

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 live on Exela's Investor Relations website at http://investors.exelatech.com. Fourth Quarter 2023 Results Webcast and Call Access Information Date:April 17, 2024  Time:4:30 p.m. (ET)  Webcast

Preliminary 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 reflect strength of award-winning best-in-class solutions and servicesLong-term Liability(3) reduced to $792 million from $1.608 billionValue enhancing initiatives include Completion of Debt Recapitaliza

IRVING, 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 Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's Investor Relations website at htt

First Quarter Highlights Revenue of $273.6 million, down 2.1% year-over-year (0.9% on a constant currency basis)Net loss of $45.4 millionGross profit(1) of $57.2M, up $9M sequentially and gross margin improved to 20.9%Adjusted EBITDA of $34.7M$64.9M new TCV and renewal of $43.3M TCV reflect strength of award-winning best-in-class solutions and servicesValue enhancing initiatives: Project Neon, XBP Europe and Recapitalization of Debt progressingResults of the Special Meeting of Shareholders to be announced by May 12, 2023 Conference call scheduled for May 11, 2023 at 9:00 AM ET IRVING, Texas, May 11, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XEL

IRVING, Texas, May 10, 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 first quarter 2023 at 9:00 a.m. ET on May 11, 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 Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's Investor Relations website at https://investor

Full Year Highlights 2022 revenue of $1,077.2 million, down 7.7% year-over-year (5.7% on a constant currency basis)Net loss of $415.6 million, includes non-cash goodwill impairment charges of $171.2 millionImplemented actions expected to achieve savings in the range of $65-$75 million beginning in Q4 2022 and into 2023Total debt(1) reduced by $141.1 million Fourth Quarter Highlights Revenue of $267.0 million, down 9.3% year-over-year (7.3% on a constant currency basis)Net loss of $194.1 million, includes non-cash goodwill impairment charges of $141.6 million Conference call scheduled for April 3, 2023 at 4:30 PM ET IRVING, Texas, April 03, 2023 (GLOBE NEWSWIRE) -- Exela Technologies,

IRVING, Texas, April 03, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA), 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 2022 at 4:30 p.m. ET on April 3, 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 Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's Investor Relations website at https://i

Revenue of $264 million, a decline of 5.4% from Q3 2021Net loss of $85 millionExela's European business signed a deal to go public through a merger with CF Acquisition Corp. VIII based on a $220 million valuationWon $87M TCV(1) in Q3; record YTD in new business winsSmall-and-Medium-Sized Business ("SMB") continues strong growth with DMR(2) customers growing 227% and DrySign® users growing 1,244% over Q3 2021Gross margin and operating income improvements in place for 2023 Conference call scheduled for November 14, 2022 at 6:00 PM ET IRVING, Texas, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA, XELAP))), a global business process automat

IRVING, Texas, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA), a global business process automation ("BPA") leader across numerous industries, will host a conference call with the financial community to discuss results for the third quarter 2022 at 6:00 p.m. ET on November 14, 2022. 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 Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's Investor Relations websi

Revenue of $267 million, a decline of 9% from Q2 2021Net loss of $79 million$230 million of TCV(1) won, a 294% increase compared to Q1 2022Small-and-Medium-Sized Business ("SMB") continues strong growth with DMR(2) customers growing 343% over Q2 2021 and DrySign® users growing 1,786% over Q2 2021Total debt(3) reduction of $118 million compared to Q1 2022Raised $58.2 million through equity offeringLiquidity of $72 million as of June 30, 2022 Conference call scheduled for August 9, 2022 at 4:30 PM ET IRVING, Texas, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA, XELAP))), a global business process automation ("BPA") leader, announced toda

IRVING, Texas, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA), a global business process automation ("BPA") leader across numerous industries, will host a conference call with the financial community to discuss results for the second quarter 2022 at 4:30 p.m. ET on August 9, 2022. 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 Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's Investor Relations websi

Revenue of $279.4 million, a decline of 6.9% from Q1 2021Loss per Share of $0.17 in the first quarter of 2022Net loss of $57 million in the first quarter of 2022$78 million of TCV(1) won, a 131% increase compared to Q1 2021Small-and-Medium-Sized Business ("SMB") continues strong growth in the first quarter of 2022 with DMR(2) customers growing 39% over Q4 2021 and DrySign users growing 200% over Q4 2021Total debt(3) reduction of $36 million; annual interest savings of $10 million anticipatedRaised $119 million through sale of common stock for business reinvestmentLiquidity of $71 million as of March 31, 2022 Conference call scheduled for May 10, 2022 at 11:30 AM ET IRVING, Texas, May

IRVING, Texas, May 06, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA), a global business process automation ("BPA") leader across numerous industries, will host a conference call with the financial community to discuss results for the first quarter 2022 at 11:30 a.m. ET on May 10, 2022. 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 Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's Investor Relations webs

2021 Revenue of $1,167 million, in-line with guidanceLoss per Share of $0.34 in the fourth quarter of 2021On track for $50 million in cash flow improvements in 2022Long-term debt(1) reduced by $454 millionSmall-and-Medium-Sized Business "SMB" continues robust growth in the fourth quarter of 2021 with DMR customers growing 44% sequentially and DrySign® users growing 135% sequentially Conference call scheduled for March 11, 2022 at 2:00 PM ET IRVING, Texas, March 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA), a global business process automation ("BPA") leader, announced today its financial results for the fourth quarter and full year ended

IRVING, Texas, March 09, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA), a global business process automation ("BPA") leader across numerous industries, will host a conference call with the financial community to discuss results for the fourth quarter and full year 2021 at 2:00 p.m. ET on March 11, 2022. Exela will issue a press release reporting its results before the start of the call. Hosting the call and reviewing the results will be Ron Cogburn, Chief Executive Officer, and Shrikant Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's I

Revenue of $279.2 million and Loss per Share of $0.09 EBITDA of $49.1 million and Adjusted EBITDA of $36.4 millionExpected to achieve $50 million in cash flow improvements in 2022SMB business continues to show robust growth globallyConference call scheduled for November 5, 2021 at 2:00 PM ET Third Quarter 2021 Highlights: Revenue of $279.2 million, a decline of 8.5% from Q3 2020Gross profit (1) margin of 24.2%, an increase of ~90 basis points from Q3 2020Operating income of $2.4 million, compared with operating income of $4.8 million in Q3 2020Net loss of $13.2 million, compared with net loss of $28.3 million in Q3 2020EBITDA (2) of $49.1 million, an increase of 30% from $37.7 million in Q

IRVING, Texas, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA), a global business process automation ("BPA") leader across numerous industries, will host a conference call with the financial community to discuss results for the third quarter 2021 at 2:00 p.m. ET on November 5, 2021. Exela will issue a press release reporting its results before the start of the call.   Hosting the call and reviewing the results will be Ron Cogburn, Chief Executive Officer, and Shrikant Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's Investor Relation

Revenue of $293.0 million, net loss of $19.4 million, and Adjusted EBITDA of $50.9 millionReiterates 2021 financial guidance $158 million liquidity ahead of planAchieves over $140 million reduction in net debt year-to-dateSMB business showing robust growth globallyConference call scheduled for August 10, 2021 at 11:00 AM ET Second Quarter 2021 Highlights: Revenue of $293.0 million, a decline of 2.3% from Q1 2021Healthcare Solutions revenue increased ~10% and Legal and Loss Prevention Services revenue grew ~14% from Q1 2021Gross profit (1) margin of 28.6%, an increase of ~720 basis points from Q2 2020 and ~620 basis points from Q1 2021Operating income of $25.4 million, compared with operat

IRVING, Texas, July 30, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA), a global business process automation ("BPA") leader across numerous industries, will host a conference call with the financial community to discuss results for the second quarter 2021 at 11:00 a.m. ET on August 10, 2021. Exela will issue a press release reporting its results before the start of the call.   Hosting the call and reviewing the results will be Ron Cogburn, Chief Executive Officer, and Shrikant Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela's Investor Relatio