FRANKFURT, Germany, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a contract with a leader in communications across Europe. Exela will utilize its communication services platform to meet the growing customer demand along their digital journey. The initial total contract value (“TCV”) is $12 million over the 3-year contract and Exela has already begun delivering its solutions. This new business is part of Exela’s ITPS line of business
Exela Technologies, Inc. (XELA) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
IRVING, Texas, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced that its Board of Directors has declared the payment of a dividend on the Company's outstanding 6.00% Series B Cumulative Perpetual Convertible Preferred Stock (“Series B Preferred Stock”). In accordance with the terms of the Series B Preferred Stock, the Board of Directors declared a dividend of $0.375 per share of Series B Preferred Stock for the quarter ending September