Exela Technologies
XELA

$1.99

4.54%

Market Cap: $12.7M

About: 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.

Employees: 13,100

Industrials Business Services

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

494% more call options, than puts

Call options by funds: $190K | Put options by funds: $32K

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

0.75% more ownership

Funds ownership: 6.1% [Q1] → 6.85% (+0.75%) [Q2]

16% less capital invested

Capital invested by funds: $1.26M [Q1] → $1.06M (-$195K) [Q2]

28% less funds holding

Funds holding: 18 [Q1] → 13 (-5) [Q2]

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for XELA.

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Financial journalist opinion

Exela Technologies, Inc. to Host Second Quarter 2024 Financial Results Conference Call

IRVING, Texas, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation leader, will host a conference call with the financial community to discuss the Company's financial results for the second quarter 2024 at 4:30 p.m. ET on August 28, 2024.

Exela Technologies, Inc. to Host Second Quarter 2024 Financial Results Conference Call

Exela Technologies, Inc. Reports Second Quarter 2024 Results

Second Quarter Highlights Revenue of $245.7 million, down 10.0% year-over-year Gross margin of 23.5%, up 120 bps year-over-year Interest expense of $23.1 million, down 48.7% year-over-year SG&A of $41.8 million, up 30.5% year-over-year Operating loss of $2.4 million, vs $11.2 million operating profit, year-over-year Net loss of $26.9 million ($25.7 million attributable to Exela Technologies, Inc.), an improvement of $4.0 million year-over-year Adjusted EBITDA of $13.7 million, down 39.0% year-over-year IRVING, Texas, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, announced today its financial results for the quarter ended June 30, 2024. “Our increased operating leverage and continued focus on cost management and rationalization of our real estate footprint are reflected in the solid expansion of our gross margin.

Exela Technologies, Inc. Reports Second Quarter 2024 Results

Exela Technologies Named a 2024 America's Greatest Workplace, Achieving Perfect 5-Star Ratings in Diversity and Mental Wellbeing

IRVING, Texas, July 29, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), business processing automation (“BPA”), announced today its recognition as one of America's Greatest Workplaces for 2024 by Newsweek and Plant-A Insights Group. Newsweek and Plant-A Insights Group recognized America's Greatest Workplaces in the United States. Notably, Exela achieved a perfect 5-star rating in both Diversity and Mental Wellbeing categories.

Exela Technologies Named a 2024 America's Greatest Workplace, Achieving Perfect 5-Star Ratings in Diversity and Mental Wellbeing

Exela Technologies and AIDEO Technologies Enter Strategic Alliance

Exela is a leader in healthcare technologies and Aideo is a Leading AI Platform for Autonomous Coding in Healthcare Exela is a leader in healthcare technologies and Aideo is a Leading AI Platform for Autonomous Coding in Healthcare

Exela Technologies and AIDEO Technologies Enter Strategic Alliance

7 Stocks to Sell ASAP Before They File for Bankruptcy

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7 Stocks to Sell ASAP Before They File for Bankruptcy

XELA Stock Alert: Exela Announces Spinoff of BPA Company

Exela Technologies (NASDAQ: XELA ) stock is on the move Monday after the digital business process services company announced plans for a spinoff of its business process automation (BPA) business. Exela Technologies' board of directors has authorized the spinoff of its BPA business to shareholders of XELA stock.

XELA Stock Alert: Exela Announces Spinoff of BPA Company

Exela Announces Plans to Spinoff Its BPA Business to Maximize Shareholder Value

IRVING, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business process automation leader, today announced that its Board of Directors (the “Board”) has authorized Exela to consider a spin-off of its wholly-owned subsidiary, Exela Technologies BPA, LLC, to Exela stockholders to maximize shareholder value.

Exela Announces Plans to Spinoff Its BPA Business to Maximize Shareholder Value

Exela Technologies Announces $35 Million Breach Remediation Notification Contract Win

IRVING, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, today announced a contract win valued at over $35 million. The short-term strategic contract in security breach remediation began in June and is expected to conclude next month. The project will be accretive to the Company's ITPS segment which had revenue of $732 million in 2023. This is an example of the Exela's ability to quickly scale capacity and deliver customer remediation solutions.

Exela Technologies Announces $35 Million Breach Remediation Notification Contract Win

Exela Technologies Reminds Stockholders to Cast Their Vote for Upcoming Annual Meeting of Stockholders to be held on June 13, 2024 at 10:00 a.m. Central Time

IRVING, Texas, June 12, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business process automation leader, today reminds its stockholders to vote ahead of the upcoming annual meeting of stockholders (the “Meeting”). The Meeting will be held online at www.virtualshareholdermeeting.com/XELA2024 on Thursday, June 13, at 10:00 AM CT. The Board of Directors of Exela unanimously recommends that the Company's stockholders vote (i) “FOR” each director nominee, (ii) for future advisory votes on executive compensation to occur every “1 Year” and (iii) “FOR” all other proposals.

Exela Technologies Reminds Stockholders to Cast Their Vote for Upcoming Annual Meeting of Stockholders to be held on June 13, 2024 at 10:00 a.m. Central Time

Exela Technologies Reminds Stockholders to Cast Their Vote for Upcoming Annual Meeting of Stockholders to be held on June 13, 2024 at 10:00 a.m. Central Time

IRVING, Texas, June 04, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business process automation leader, today reminds its stockholders to vote ahead of the upcoming annual meeting of stockholders (the "Meeting"). The Meeting will be held online at www.virtualshareholdermeeting.com/XELA2024 on Thursday, June 13, at 10:00 AM CT. The Board of Directors of Exela unanimously recommends that the Company's stockholders vote (i) "FOR" each director nominee, (ii) for future advisory votes on executive compensation to occur every “1 Year” and (iii) “FOR” all other proposals.

Exela Technologies Reminds Stockholders to Cast Their Vote for Upcoming Annual Meeting of Stockholders to be held on June 13, 2024 at 10:00 a.m. Central Time

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