Press Releases

Year

January 3, 2019

Exela Technologies Acquires Healthcare Asset Adding Over $20 million of Annual Revenue

Transaction expected to contribute total revenue of over $170 million over the next seven years Exela’s Healthcare industry 2019 revenue expected to grow above 5% industry growth rate estimate IRVING, Texas , Jan. 03, 2019 (GLOBE NEWSWIRE) -- Exela Technologies, Inc.

November 29, 2018

Exela Technologies Continues to Develop European Footprint

Company adds new business strategy team based in Amsterdam tech-hub AMSTERDAM, The Netherlands , Nov. 29, 2018 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a location-agnostic global business process automation (BPA) leader, today announced the launch of its EMEA business

November 15, 2018

Exela Technologies Announces the Opening of its Fourth Innovation Center

London Innovation Center exemplifies company’s EMEA momentum and global focus LONDON , Nov. 15, 2018 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a location-agnostic global business process automation (BPA) leader, today announced the opening of the fourth of its innovation

November 8, 2018

Exela Technologies, Inc. Reports Third Quarter 2018 Results

Revenue of $383.0 million an increase of 7% over Q3 2017 on a pro forma basis; Net Loss of $28.9 million ; EBITDA of $43.7 million ; Expect 2018 revenue to be between $1.58 billion to $1.59 billion Third Quarter 2018 Highlights: Revenue of $383.0 million , representing 7% growth over Q3 2017 on a

October 17, 2018

Exela Technologies, Inc. to Announce Third Quarter 2018 Financial Results and Host a Conference Call on November 8, 2018

IRVING, Texas , Oct. 17, 2018 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA), a leader in location agnostic Business Process Automation (“BPA”), today announced that it will host a conference call with the financial community to discuss results for the third

October 9, 2018

Exela Technologies Secures Three-year Contract Worth $100 million with Global Bank

Expansion of services extends to include banking and payments processing IRVING, Texas , Oct. 09, 2018 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a leader in location agnostic business process automation, today announced that it was selected to provide payment and

September 20, 2018

Cleveland Supply Chain Initiative Creates State-of-the-Art Mail Hub; Job Opportunities in University Circle

Anchor institutions – Case Western Reserve University, Cleveland Clinic and University Hospitals – collaborate to lead the initiative; Choose Exela Technologies Cleveland – September 20, 2018 -- The Cleveland Supply Chain Initiative (The Initiative), led and convened by The Cleveland Foundation and

August 9, 2018

Exela Technologies, Inc. Reports Second Quarter 2018 Results; Revenue of $410.4 million an increase of 17.3% over Q2 2017 on a pro forma basis; Net Loss of $25.2 million; EBITDA of $51.3 million, an increase of 23.8% over Q2 2017 on a pro forma basis; Reaffirms 2018 and long term guidance

Second Quarter 2018 Highlights: Revenue of $410.4 million , representing 17.3% growth over Q2 2017 on a pro forma basis Net loss of $25.2 million , a year-over-year improvement from a pro forma net loss of $27.9 million EBITDA of $51.3 million , representing 23.8% growth over Q2 2017 on a pro forma

July 25, 2018

Exela Technologies Raises Funds for Orthopaedic Institute for Children

Exela employees’ participation in 5K & 10K run helps raise over $20,000 for the Institute IRVING, Texas, July 25, 2018 -- Employees and management of Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a global business process automation (BPA) leader, participated in the 41st Annual Palisades Will

July 23, 2018

Exela Technologies Partners with McKesson Specialty Health to Streamline Claims Processing

Community health solutions provider selects Exela’s proprietary healthcare solution to streamline complex healthcare operations while ensuring compliance with manufacturers IRVING, Texas , July 23, 2018 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a global business process

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