Exela Technologies Inc (XELA) Q3 2024 Earnings Call Highlights: Revenue Growth Amidst Challenges [Yahoo! Finance]
Exela Technologies, Inc. (XELA)
Last exela technologies, inc. earnings: 5/9 04:30 pm
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US:NASDAQ Investor Relations:
investors.exelatech.com/investor-relations
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Source: Yahoo! Finance
Exela Technologies Inc ( XELA ) reported a slight year-over-year increase in revenue to $39.2 million. Information and transaction processing solutions saw a significant increase of 11.5% year over year. The company achieved a 6.7% sequential improvement in adjusted EBITDA. Exela Technologies Inc ( XELA ) renewed contracts worth over $113 million by the end of the quarter. The company added 81 new logos and identified approximately $40 million in new annual contract value (ACV) during the quarter. Healthcare solutions and Legal and Loss Prevention services experienced declines of 5.3% and 2.4% year over year, respectively. Margins in the Legal and Loss Prevention services were down approximately eight basis points. The company faced higher postage costs, impacting overall margins negatively. Exela Technologies Inc ( XELA ) was delisted from NASDAQ due to not meeting the $35 million market cap minimum requirement. The company reported a net loss of $24.9 million, alt
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XELA
News
- Exela Technologies Recognized as a Strong Performer in Industry-Leading Task-Centric Automation Software Report [Yahoo! Finance]Yahoo! Finance
- Exela Technologies Recognized as a Strong Performer in Industry-Leading Task-Centric Automation Software ReportGlobeNewswire
- Exela Technologies, Inc. to Host Third Quarter 2024 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
- Exela Technologies, Inc. to Host Third Quarter 2024 Financial Results Conference CallGlobeNewswire
- Reaktr.ai Launches AI-Powered SecAi Service on Oracle Cloud InfrastructureGlobeNewswire
XELA
Sec Filings
- 12/3/24 - Form SC
- 11/27/24 - Form SC
- 11/27/24 - Form SC
- XELA's page on the SEC website