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Exela Technologies Inc - XELA STOCK NEWS

Welcome to our dedicated page for Exela Technologies news (Ticker: XELA), a resource for investors and traders seeking the latest updates and insights on Exela Technologies stock.

Overview

Exela Technologies Inc is a globally recognized business process automation company that delivers digital transformation solutions through a proprietary suite of automation modules. Operating with decades of mission-critical process experience, Exela serves a comprehensive roster of enterprise clients, including a significant portion of the world’s largest organizations. Its core competencies are built around information management, workflow automation, and integrated communications, which together enable sophisticated, end-to-end digital journeys for diverse market segments.

Core Business Solutions

At the heart of Exela’s operations is its ability to streamline complex business processes. The company leverages cloud-enabled platforms and configurable stacks of automation modules to deliver tailored departmental and industry-specific solution suites. These solutions address critical functions in finance and accounting, human capital management, legal management, as well as specialized applications for banking, healthcare, insurance, and public sector organizations. By focusing on enhancing quality and productivity, Exela transforms operational workflows, allowing customers to achieve significant efficiency improvements.

Technology and Methodology

Exela’s technology infrastructure is underpinned by advanced software platforms that seamlessly integrate key functionalities. Its use of proprietary technology for information management and automated communications ensures that digital transformation initiatives are both robust and scalable. The company continuously invests in modernizing its automation modules, creating a dynamic ecosystem that adapts to evolving business requirements. This careful integration of technology with operational excellence forms the basis of Exela’s enduring value proposition.

Global Reach and Market Position

With an expansive global footprint, Exela operates across multiple continents, delivering solutions to thousands of customers in over 50 countries. Its deep engagement with a diverse client base, including more than 60% of the Fortune® 100 companies, underscores its unique positioning within the competitive landscape. Exela has established itself as a trusted partner by consistently deploying integrated technology and operational solutions that drive productivity and reduce complexity for major enterprises worldwide.

Operational Excellence and Strategic Initiatives

Exela’s approach centers on operational efficiency, cost management and scalable deployments. The company emphasizes the rationalization of its processes and real estate footprint to continuously improve its operating margins. Through integrated technology platforms and consulting expertise, Exela has built a strategy that enables rapid deployment of digital solutions while ensuring sustained quality and reliability. This disciplined focus on efficiency is a key differentiator in a market that demands high adaptability and precision.

Industry Expertise and Customer Focus

With its deep roots in business process automation, Exela combines extensive industry knowledge with a commitment to superior customer service. Its solutions are crafted to address the unique challenges of various verticals including finance, healthcare, legal, and public sectors. The company has built an ecosystem that not only supports operational excellence but also drives continuous improvements in service delivery, making it a vital technology partner for customers seeking to navigate the complexities of digital transformation.

Conclusion

Exela Technologies stands out with its comprehensive suite of digital transformation solutions that bridge the gap between operational complexity and streamlined efficiency. Through its global reach, advanced automation platforms, and unwavering focus on building reliable, scalable systems, Exela continues to be a pivotal player in the realms of business process automation and enterprise digital transformation.

Rhea-AI Summary
Exela Technologies, Inc. (XELA) adjourns the Annual Meeting of Stockholders due to lack of required quorum, reconvening on January 26, 2024, to allow additional time for shareholders to vote on proposals. The Company urges all stockholders to exercise their right to vote their shares by proxy.
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Exela Technologies, Inc. (NASDAQ: XELA, XELAP) urges stockholders to vote ahead of the upcoming annual meeting of stockholders, recommending 'FOR' all proposals and 'FOR' each director nominee.
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Exela Technologies, Inc. (NASDAQ: XELA, XELAP) has been recognized as an Emerging Solution Provider in the Hackett Value Matrix™ for Finance and Accounting Outsourcing Solution Providers. The Hackett Group acknowledges Exela's robust accounting automation and tools to accelerate clients' efficiency and effectiveness journey, with over 2,400 clients benefitting from their FAO solutions.
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Exela Technologies, Inc. (NASDAQ: XELA, XELAP) has been included in Forrester's 'Accounts Payable Invoice Automation Landscape, Q4 2023 report'. The report focuses on how accounts payable invoice automation can streamline invoice data capture, automate validation processes, and provide financial analysis. Forrester identifies Advanced AI as a new differentiator. Exela has been recognized for its dedication to developing technology that lowers costs and improves supplier relationships.
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Exela Technologies, Inc. (NASDAQ: XELA; XELAP) adjourned the Annual Meeting of Stockholders due to a lack of required quorum. The Meeting will reconvene on December 29, 2023. Shareholders are urged to vote by proxy. No changes have been made in the proposals to be voted on by stockholders at the Meeting.
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Exela Technologies, Inc. (NASDAQ: XELA, XELAP) reminds stockholders of its upcoming Annual Meeting of Stockholders, urging them to exercise their right to vote their shares by proxy. The Meeting will be held online on December 5, 2023. Stockholders are encouraged to vote their proxy, regardless of the number of shares they own.
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Exela Technologies, Inc. (NASDAQ: XELA, XELAP) received a delinquency notification letter from Nasdaq for not timely filing its Quarterly Report on Form 10-Q. The notification letter has no immediate effect on the listing or trading of the Company’s common stock. Nasdaq granted an exception for the Company to submit an update to the Compliance Plan by November 27, 2023, including the Company’s plans to file the Third Quarter Form 10-Q.
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Exela Technologies announces a $15 million contract with a public company in the leisure and hospitality sector. The contract allows the customer to improve marketing efforts using Exela's Marketing Automation platform, resulting in decreased time to market, increased operational efficiencies, and reduced costs. Exela's XBP solution reported over $765 million in revenue in 2022.
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Exela Technologies signs new customer for its Marketing Execution solution, estimated contract value of $7.5 million, positive impact on revenue
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Exela Technologies, Inc. announced its financial results for Q2 2023. Revenue increased by 2.3% YoY to $272.9 million. Net loss was $30.9 million. Gross profit increased by 23.0% YoY to $60.9 million. Adjusted EBITDA increased by 12.1% YoY to $40.9 million. New TCV wins amounted to $106.2 million. Long-term liability reduced to $792 million. Completion of Debt Recapitalization and XBP Europe progress. Nasdaq non-compliance notice received.
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FAQ

What is the current stock price of Exela Technologies (XELA)?

The current stock price of Exela Technologies (XELA) is $0.46035 as of April 1, 2025.

What is the market cap of Exela Technologies (XELA)?

The market cap of Exela Technologies (XELA) is approximately 7.3M.

What does Exela Technologies primarily do?

Exela Technologies specializes in business process automation and digital transformation, utilizing a suite of proprietary technology to streamline mission-critical processes for global enterprises.

Which industries benefit from Exela's solutions?

Exela caters to various sectors including finance, accounting, human capital management, legal services, banking, healthcare, insurance, and public sector operations.

How does Exela generate revenue?

The company generates revenue by deploying integrated software platforms and tailored digital transformation solutions that address complex business processes and operational challenges.

What makes Exela's technology unique?

Exela's technology is built on a cloud-enabled, configurable stack of automation modules that integrate information management, workflow automation, and integrated communications for seamless digital operations.

How does Exela improve operational efficiency?

Exela enhances operational efficiency by streamlining workflows and automating critical business processes, which reduces complexity and drives productivity improvements for its customers.

What is the global reach of Exela Technologies?

Exela operates across multiple continents, serving thousands of customers in over 50 countries, and maintains a robust presence among many of the world's largest enterprises.

How does Exela maintain its market position?

By continually investing in advanced automation technology and focusing on operational efficiency, Exela remains a trusted partner for enterprises, delivering scalable and integrated digital transformation solutions.

How does Exela address cost management?

Exela emphasizes cost management through strategic process rationalization and efficient deployment of automation platforms, which helps in optimizing operating margins and reducing expenses.
Exela Technologies Inc

Nasdaq:XELA

XELA Rankings

XELA Stock Data

7.32M
10.89M
23.68%
37.44%
12.26%
Software - Application
Services-business Services, Nec
Link
United States
IRVING