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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) 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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Exela Technologies, Inc. has eliminated the early tender time for its exchange offer for Old Notes. Approximately $1,270.7 million of outstanding Old Notes were tendered for exchange. The Exchange Offer and Consent Solicitation will expire on July 7, 2023. The Final Settlement Date is expected to occur promptly after the Expiration Time.
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Exela Technologies completes sale of high-speed scanner business to Imaging Business Machines
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FAQ
What is the current stock price of Exela Technologies 6 00 Cum Convt Perptl Pref Shs Series B (XELAP)?
The current stock price of Exela Technologies 6 00 Cum Convt Perptl Pref Shs Series B (XELAP) is $0.41 as of February 28, 2025.
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 6 00 Cum Convt Perptl Pref Shs Series B