2023-05-11 09:11:29 ET
- Exela Technologies press release ( NASDAQ: XELA ): Q1 GAAP EPS of -$0.05.
- Revenue of $273.6M (-2.1% Y/Y).
- Revenue for the Information and Transaction Processing Solutions (“ITPS”) segment was $193.7 million, a decline of 5.5% year-over-year, primarily due to $3.2 million of currency translation from a strong dollar, transition revenue (2 ) and other customer losses.
- Healthcare Solutions revenue was $63.0 million, an increase of 11.3% year-over-year, led by higher volumes from our existing healthcare customers.
- Legal and Loss Prevention Services revenue was $16.9 million, a decrease of 20.4% year-over-year due to lower project based engagements.
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Exela Technologies GAAP EPS of -$0.05, revenue of $273.6M