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Exela Technologies Inc is a business process automation (BPA) leader combining industry-specific and multi-industry enterprise software and solutions. The company's BPA suite of solutions is deployed in banking, healthcare, insurance, and other industries. The company's segment includes Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal and Loss Prevention Services (LLPS). It generates maximum revenue from the ITPS segment.
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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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Exela Technologies, Inc. (NASDAQ: XELA, XELAP) will host a conference call to discuss second quarter 2023 results on August 14, 2023. The call will be led by Par Chadha, Executive Chairman, and Shrikant Sortur, Chief Financial Officer. The webcast will be available on Exela's Investor Relations website, and a replay will be accessible until August 21, 2023. To receive financial news by email, visitors can subscribe to E-mail Alerts on the Exela Investor Relations website.
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Exela Technologies collaborates with Microsoft to leverage generative AI technologies on Microsoft Azure, strengthening AI initiatives. Exela's customers can drive personalized engagement, optimized workflow automation, and industry-leading AI-decisioning capabilities. Generative AI will enhance customer service for software products and speed up document lifecycle management. Exela is committed to using generative AI responsibly and ethically.
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Exela Technologies has obtained the highest-level certification from Germany's Federal Office for Information Security, TR-Resiscan. The certification recognizes Exela's robust security measures and commitment to data protection and privacy. Compliance with the certification demonstrates due diligence and adherence to recognized standards required by data protection laws.
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Exela Technologies signs additional US counties for its Digital Mailroom solution, contributing to revenue growth in its ITPS segment. The solution brings organization and clarity to the digital transformation process and enhances document access and usability.
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Exela Technologies, Inc. announced the expiration and final results of its exchange offer and consent solicitation. Approximately $1,271 million of the outstanding Old Notes were validly tendered in the exchange offer, resulting in the issuance of approximately $1,017 million of New Notes. $24 million of the Old Notes remain outstanding. The Issuers also issued New Notes to third parties and affiliates in exchange for term loans and senior notes. Upon completion of the transactions, approximately $1,082 million of New Notes were outstanding.
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FAQ
What is the current stock price of Exela Technologies 6.00% Series B Cumulative Convertible Perpetual Preferred Stock (XELAP)?
The current stock price of Exela Technologies 6.00% Series B Cumulative Convertible Perpetual Preferred Stock (XELAP) is $1.304 as of November 4, 2024.
What does Exela Technologies Inc specialize in?
Exela Technologies Inc specializes in business process automation (BPA) and offers industry-specific and multi-industry enterprise software and solutions.
In which industries does Exela Technologies Inc operate?
Exela Technologies Inc operates in banking, healthcare, insurance, and other industries with its BPA suite of solutions.
What are the primary revenue-generating segments for Exela Technologies Inc?
The Information and Transaction Processing Solutions (ITPS) segment is the primary revenue-generating segment for Exela Technologies Inc.
How many customers does Exela Technologies Inc serve?
Exela Technologies Inc serves a growing roster of more than 4,000 customers across 50 countries, including over 60% of the Fortune® 100.
What is the core technology utilized by Exela Technologies Inc?
Exela Technologies Inc leverages foundational technologies spanning information management, workflow automation, and integrated communications.
Exela Technologies, Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock
Nasdaq:XELAP
XELAP Rankings
XELAP Stock Data
3.03M
2.32%
45.35%
Software - Application
Services-business Services, Nec
United States of America
IRVING