NASDAQ: XELA

Press Releases

 

Press Releases

August 18, 2022
Exela Technologies Announces Public Sector Contract Win in Germany
IRVING, Texas , Aug. 18, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a new framework contract with a public IT and communications service provider for several German federal states and tax administrations.
August 9, 2022
Exela Technologies, Inc. Reports Preliminary Second Quarter 2022 Results
Revenue of $267 million , a decline of 9% from Q2 2021 Net loss of $79 million $230 million of TCV (1) won, a 294% increase compared to Q1 2022 Small-and-Medium-Sized Business (“SMB”) continues strong growth with DMR ( 2 ) customers growing 343% over Q2 2021 and DrySign® users growing 1,786% over
August 3, 2022
Exela Technologies Provides Update on Capital Deployment Strategy
IRVING, Texas , Aug. 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “Company”) (NASDAQ: XELA , XELAP) today announced an update to its Capital Deployment Strategy (the “Strategy”) that was previously announced June 6, 2022 . Exela has established XCV-STS, LLC (“STS” or “Serve the
August 3, 2022
Exela Continues to Sign New Logos for XBP®
Exela Technologies Announces XBP® Win in the Financial Services Industry IRVING, Texas , Aug. 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a new contract with a large European domiciled financial services firm that will utilize Exela’s
July 25, 2022
Exela Technologies Announces 1 for 20 Reverse Stock Split
IRVING, Texas , July 25, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “Company”) (NASDAQ: XELA ), a location-agnostic global business process automation (BPA) leader, announced that its Board of Directors has approved a 1-for-20 reverse stock split of the Company’s common stock,
July 13, 2022
Exela Technologies Confirms Receipt of Acquisition Proposal
IRVING, Texas , July 13, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA , XELAP) today confirmed that it has received a preliminary, non-binding proposal (the “Proposal”) to acquire an approximately $200 million revenue business unit of Exela , subject to
July 12, 2022
Exela Technologies Promotes Suresh Yannamani to CEO – Exela Technologies BPA
IRVING, Texas , July 12, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA , XELAP) today announced the promotion of Suresh Yannamani to Chief Executive Officer, Exela Technologies BPA, LLC , a subsidiary of Exela . Suresh’s promotion is part of the plans underway since last
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