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Stock impact report

Exela Technologies, Inc. Reports Second Quarter 2024 Results [Yahoo! Finance]

Exela Technologies, Inc. (XELA) 
Last exela technologies, inc. earnings: 5/9 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.exelatech.com/investor-relations
Company Research Source: Yahoo! Finance
Interest expense of $23.1 million, down 48.7% year-over-year SG&A of $41.8 million, up 30.5% year-over-year Operating loss of $2.4 million, vs $11.2 million operating profit, year-over-year Net loss of $26.9 million ($25.7 million attributable to Exela Technologies, Inc.), an improvement of $4.0 million year-over-year Adjusted EBITDA of $13.7 million, down 39.0% year-over-year IRVING, Texas, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced today its financial results for the quarter ended June 30, 2024. “Our increased operating leverage and continued focus on cost management and rationalization of our real estate footprint are reflected in the solid expansion of our gross margin. We continue to add new logos and remain cautiously optimistic as we head into the second half of the year,” noted Par Chadha, Executive Chairman. Revenue: Revenue for 2Q 20 Show less Read more
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