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IRVING, Texas, April 07, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) today announced a contract award worth a total of $13.2 million over the next four years. Exela’s Exchange for Bills and Payments (“XBP”) is the large...
Revolver to add up to $50 million in additional liquidity in 2022 to supplement ~$62 million in liquidity as of March 31, 2022 ATM complete with $250 million raised since September 30, 2021 IRVING, Texas, April 01, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (...
IRVING, Texas, March 31, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA) today announced that Ronald C. Cogburn will transition from the CEO role effective April 30, 2022. Par Chadha, Executive Chairman, along with...
- Further progress made against previously announced balance sheet strengthening and strategic initiatives IRVING, Texas, March 29, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA), announced today that...
IRVING, Texas, March 25, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, announced today a strategic investment in UBERDOC, Inc. UBERDOC is a leading pat...
IRVING, Texas, March 22, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA), today announced that Nasdaq has approved the Company’s application to list its 6.00% Series B Cumulative Convertible Perpet...
Exela Healthcare Solutions gearing up for growth in the healthcare sector IRVING, Texas, March 16, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA) announced today it has hired Kevin Lathrop as President of...
IRVING, Texas, March 14, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, announced today its launch of ExelaPay, entering the market as a 3 rd party paym...
2021 Revenue of $1,167 million, in-line with guidance Loss per Share of $0.34 in the fourth quarter of 2021 On track for $50 million in cash flow improvements in 2022 Long-term debt (1) reduced by $454 million Small-and-Medium-Sized Business “SMB” ...
IRVING, Texas, March 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA) announced the successful completion of its previously announced offer to exchange shares of its Common Stock for its 6.00% Series B Cumulative Con...
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First Quarter Highlights Revenue of $273.6 million, down 2.1% year-over-year (0.9% on a constant currency basis) Net loss of $45.4 million Gross profit ( 1) of $57.2M, up $9M sequentially and gross margin improved to 20.9% Adjusted EBITDA of $34.7M $64.9M new TCV a...
IRVING, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, will host a conference call with the financial community to discuss results for...
IRVING, Texas, May 05, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ: XELA, XELAP), a global business process automation leader, today announced that it adjourned the Special Meeting of Stockholders scheduled for May 5, 2023 at 12:00 ET. The special mee...