NASDAQ: XELA

Press Releases

 

Press Releases

May 11, 2018
Exela Technologies, Inc. Reports First Quarter 2018 Results; Pro forma Revenue growth of 8.7%; Net Loss of $24 million; Pro forma Adjusted EBITDA Growth of 10.9%; Increases 2018 Revenue and Adjusted EBITDA Guidance
In Consolidated Statements of Income, “Net Loss Per Share” for the three months ended March 31, 2018 and the three months ended March 31, 2017 should read: (0.16) and (0.24), respectively, instead of (1.64) and (2.45), respectively. The corrected release reads: First Quarter 2018 Highlights:
May 10, 2018
Exela Technologies, Inc. Reports First Quarter 2018 Results; Pro forma Revenue growth of 8.7%; Net Loss of $24 million; Pro forma Adjusted EBITDA Growth of 10.9%; Increases 2018 Revenue and Adjusted EBITDA Guidance
Revenue of $393.2 million, representing pro forma year-over-year growth of 8.7% Net loss of $24.0 million, a year-over-year improvement from a pro forma net loss of $25.4 million Adjusted EBITDA of $69.6 million, representing pro forma year-over-year growth of 10.9% Adjusted EBITDA margin of 17.7%,
May 7, 2018
Exela Technologies Launches New Invoice Financing Platform

Fintech solution will debut at Finovate Spring 2018 Conference IRVING, Texas , May 07, 2018 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a global business process automation (BPA) leader, today announced the launch of Zuma , a cloud-based rapid integration multi-industry

April 16, 2018
Exela Announces Closing of Secondary Equity Offering on Behalf of Ex-Sigma 2 LLC

IRVING, Texas , April 16, 2018 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), one of the largest global providers of platforms for Business Process Automation (“BPA”), announced today that Ex-Sigma 2 LLC, a stockholder of Exela (the “Selling Stockholder”), closed the

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