XELA - Why Business Process Automation Provider Exela's Shares Are Shooting Higher On Monday | Benzinga
Shares of global business process automation (BPA) company, Exela Technologies, Inc. (NASDAQ:XELA) are trading higher after the company secured a contract worth over $35 million.
This short-term strategic contract, focused on security breach remediation, commenced in June and is set to conclude next month.
The contract is expected to boost Exela’s ITPS segment, which reported $732 million in revenue for 2023.
Exela provides ...