NASDAQ: XELA

Press Releases

 

Press Releases

June 6, 2022
Exela Technologies Announces Plans to Deploy over $200 Million in Expected Proceeds for the Next Step in Capital Deployment Strategy: Seek approval for share buyback, dividends, debt repurchase and sale of assets
IRVING, Texas , June 06, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA , XELAP) today announced the next step in its multipart Capital Deployment Strategy (“Strategy”), previously announced on September 30, 2021 as part of a broader mandate to maximize
June 3, 2022
Exela Technologies Announces New XBP Contracts Totaling $18.3 Million
IRVING, Texas , June 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA , XELAP) today announced new customer wins worth $18.3 million over the next three years. The new business is across two new logos and revenue will begin accruing in the third quarter of 2022.
June 2, 2022
Exela Technologies Launches Lynx – Its End-to-End Learning Management System
IRVING, Texas, June 2, 2022 - - Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP) today announced the launch of Lynx, its intuitive, state-of-the-art learning management system (LMS) in the US. Following a beta release to internal Exela employees, Lynx is now available as a hosting platform
May 26, 2022
Exela Technologies Names Matt Brown President, ETI-MNA
Irving, TX, May 26, 2022 -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), today announced that Matt Brown has been promoted to President, ETI-MNA. ETI-MNA, LLC is a subsidiary of Exela Technologies, Inc. the Company’s investment portfolio management entity, tasked with
May 26, 2022
Exela Technologies Announces New Chief Technology Officer
IRVING, Texas , May 26, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), today announced that Sriram “Sri” Ramanathan has joined Exela as Chief Technology officer, reporting to Executive Chairman, Par Chadha.
May 10, 2022
Exela Technologies, Inc. Reports Preliminary First Quarter 2022 Results
Revenue of $279.4 million , a decline of 6.9% from Q1 2021 Loss per Share of $0.17 in the first quarter of 2022 Net loss of $57 million in the first quarter of 2022 $78 million of TCV ( 1) won, a 131% increase compared to Q1 2021 Small-and-Medium-Sized Business (“SMB”) continues strong growth in
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