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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…
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…
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…
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…
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…
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…
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-…
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…
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…
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…
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…
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…
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…
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-…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…