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Exela Technologies, Inc. Receives Expected Nasdaq Notice Regarding Late Form 10-Q Filing

IRVING, Texas, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a leader in business process automation, announced today that on November 13, 2023, as expected, it received a deli…

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Exela Technologies Announces New $15 Million Contract

IRVING, Texas, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business process automation (“BPA”) today announced a contract with a public company in the leisure an…

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Exela Technologies Announces Expansion of Digital Marketing Execution Solutions with a New Logo in Healthcare Industry

IRVING, Texas, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”) announced today that the Company signed a new customer for its…

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Exela Technologies, Inc. Reports Preliminary Second Quarter 2023 Results

PreliminarySecond Quarter Highlights Revenue of $272.9 million, up 2.3% year-over-year (up 2.5% on a constant currency basis)Net loss of $30.9 millionGross profit(1) of $60.9 million, up 23.0% or $11.4 million year-over-year, with a corres…

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Exela Technologies, Inc. to Host Second Quarter 2023 Financial Results Conference Call

IRVING, Texas, Aug. 11, 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 di…

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Exela Technologies Leverages Generative AI with Microsoft Azure OpenAI Service

IRVING, Texas and PUNE, India, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”) today announced its collaboration with Microsoft to help Exela’s customers…

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Exela Technologies Meets Renowned German IT Security Standard, “TR-Resiscan”

FRANKFURT, Germany, July 25, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”), announced today that the Company has obtained the highest-…

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Exela Technologies Announces Public Sector Customer Growth

IRVING, Texas, July 18, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”), announced today that the Company signed several additional US c…

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Exela Technologies, Inc. Announces Successful Results and Expiration of Exchange Offer and Consent Solicitation and Satisfaction of 2023 Maturities

IRVING, Texas, July 12, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA) today announced the expiration and final results with respect to the previously announced exchange offer (the “Exchange Off…

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Exela Technologies, Inc. Announces Elimination of Early Tender Time and Initial Settlement Date

IRVING, Texas, June 30, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA) today announced that it has eliminated the early tender time of 5:00 p.m., New York City time, on June 29, 2023 and the ini…

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Exela Technologies, Inc. Announces Satisfaction of the Requisite Consents Condition and Extension of Early Tender Time

IRVING, Texas, June 23, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP) today announced that it has extended the early tender time from 5:00 p.m., New York City time, on June 22, 2023 (the…

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Exela Technologies AI powered solution nominated for Pay360 award

LONDON, June 21, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”) announced today Exela is a finalist in this year’s Pay360 awards in the…

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Exela Technologies Announces Generative AI Initiatives

IRVING, Texas, June 20, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”) announced today that the Company has integrated generative AI ac…

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Exela Technologies Closes Sale of High-Speed Scanner Business as Part of Strategic Plan to Sell Non-Core Assets

IRVING, Texas, June 09, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”) announced today that the Company completed the sale of its high-…

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Exela Technologies Announces Offer for its Senior Secured Notes

IRVING, Texas, June 08, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELPA) today announced that certain of its subsidiaries have commenced an offer to exchange any and all of their outstandin…

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Exela Technologies Named a Leader in NelsonHall’s Healthcare Payer Operational Transformation NEAT Vendor Evaluation 2023

IRVING, Texas, May 25, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced the Company has been named a Leader in NelsonHall’s H…

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Exela Technologies Places in Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing

IRVING, Texas, May 15, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, today announced that Exela has been positioned by Gartner® as a…

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Exela Technologies Announces Reverse Split

IRVING, Texas, May 12, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced that its Board of Directors has approved a 1-for-200…

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Exela Technologies, Inc. Reports First Quarter 2023 Results

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 millionGross profit(1) of $57.2M, up $9M sequentially and gross margin improved to 20.9%Adjusted EBITDA of $3…

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Exela Technologies, Inc. to Host First Quarter 2023 Financial Results Conference Call

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 dis…

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Exela Technologies Announces Adjournment of Special Meeting

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 s…

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Exela Technologies Reschedules Special Meeting

IRVING, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation, announced today that the Exela Special Meeting of Stockholders (“Special…

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Exela Technologies Urges Stockholders to Vote "FOR" Proposal 1

The Exela Special Meeting of Stockholders is scheduled for Thursday, May 4, 2023 and voting is open.Proposal 1 will facilitate continued listing on The Nasdaq Capital Market. IRVING, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- Exela Technologi…

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Exela Technologies Announces Estimated $48M TCV Win

IRVING, Texas, April 28, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA“), today announced that it has won a contract with a large infras…

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Exela Technologies Urges Stockholders to Vote "FOR" Reverse Stock Split

The Exela Special Meeting of Stockholders is scheduled for Thursday, May 4, 2023.The reverse stock split will facilitate continued listing on The Nasdaq Capital Market. IRVING, Texas, April 26, 2023 (GLOBE NEWSWIRE) -- Exela Technologies,…

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Exela Recognized as a Major Player in IDC MarketScape for Worldwide Finance and Accounting Business Process Services in the Cloud 2023 Vendor Assessment

IRVING, Texas, April 13, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a leading provider of Business Process Automation solutions, today announced that it has been recognized as a ‘Major Player’ in the…

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Exela Technologies Announces Fireside Chat for Investors

IRVING, Texas, April 12, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation today announced the second fireside chat for investors. Executive Chair…

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Exela Technologies, Inc. Reports Full Year and Fourth Quarter 2022 Results

Full Year Highlights 2022 revenue of $1,077.2 million, down 7.7% year-over-year (5.7% on a constant currency basis)Net loss of $415.6 million, includes non-cash goodwill impairment charges of $171.2 millionImplemented actions expected to a…

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Exela Technologies, Inc. to Host Fourth Quarter and Full Year 2022 Financial Results Conference Call

IRVING, Texas, April 03, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA), a global business process automation (“BPA”) leader, will host a conference call with the financial community to discuss r…

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Exela Technologies Announces Updates to 2023 Operational Performance Improvement Objectives

Exela Technologies, Inc. Target estimated savings in the range of $65-$75 million for 2023 Process automation, Work from Anywhere and Anytime solutions lead realignment IRVING, Texas, March 06, 2023 (GLOBE NEWSWIRE) -- Exela Technologies,…

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Exela Technologies Announces Updates to 2023 Operational Performance Improvement Objectives

Target estimated savings in the range of $65-$75 million for 2023 Process automation, Work from Anywhere and Anytime solutions lead realignment IRVING, Texas, March 06, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Com…

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Exela Technologies Announces New Funding, Amendment Increases Existing Securitization Facility to $185 Million and Other Related Transactions

Exela Technologies, Inc. Secures $51 million of new funding $42 million reduction of debt maturing in 2023 on a combined basis IRVING, Texas, March 02, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: X…

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Exela Technologies Announces New Funding, Amendment Increases Existing Securitization Facility to $185 Million and Other Related Transactions

Secures $51 million of new funding$42 million reduction of debt maturing in 2023 on a combined basis IRVING, Texas, March 02, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global busi…

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Exela Technologies Signs Strategic Partnership with Quintes Global

Exela Technologies, Inc. CHENNAI, India, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, today announced a partnership with Quintes Global (“Q…

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Exela Technologies Signs Strategic Partnership with Quintes Global

CHENNAI, India, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, today announced a partnership with Quintes Global (“QG”), an innovative compan…

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Exela Recognized as a Major Player in IDC MarketScape for U.S. RCM Service Solutions 2022-2023 Vendor Assessment

IRVING, Texas, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a leading provider of Business Process Automation solutions, today announced that it has been recognized as a ‘Major Player’ in the…