Previous Close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0100 |
Strike | 0.50 |
Expire Date | 2023-06-16 |
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Contract Range | N/A |
Volume | |
Open Interest | 22.16k |
Healthcare Payer Operational Transformation 2023 Healthcare Payer Operational Transformation 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 Healthcare Payer Operational Transformation NEAT Vendor Evaluation for 2023 for the second year running. Exela was named a Leader for Overall Capability and Claims
- Exela recognized for Completeness of Vision and Ability to ExecuteIRVING, 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 Niche Player in the Magic Quadrant for Finance and Accounting Business Process Outsourcing for its offering, FAO Service Suite for the second year running. The Gartner research report evaluate
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 reverse stock split of the Company’s common stock, which will be effective at 5:00 p.m. Eastern Time on Friday, May 12, 2023. The amendment to the Company’s certificate of incorporation allowing for the reverse split was approved by the Company’s stockholders a
Q1 2023 Exela Technologies Inc Earnings Call
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 $34.7M$64.9M new TCV and renewal of $43.3M TCV reflect strength of award-winning best-in-class solutions and servicesValue enhancing initiatives: Project Neon, XBP Europe and Recapitalization of Debt progressingResults of the Special Meeting of Shareholders to be
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 discuss results for the first quarter 2023 at 9:00 a.m. ET on May 11, 2023. Exela will issue a press release reporting its results before the start of the call. Hosting the call and reviewing the results will be Par Chadha, Executive Chairman, and Shrikant Sortur,
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 scheduled for May 5, 2023 at 12:00 ET. The special meeting will reconvene on May 11, 2023 at 10:00 AM ET virtually at the same login: www.virtualshareholdermeeting.com/XELA2023SM For more Exela news, commentary, and industry perspectives, visit: https://investor
The Exela Special Meeting of Stockholders scheduled for Thursday, May 4, 2023 will be rescheduled to May 5 at 12:00 PM ETIRVING, 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 Meeting”), which was originally scheduled for May 4, 2023 has been postponed to May 5 at 12:00PM ET. At the Special Meeting, stockholders w
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 Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation, is reminding our shareholders to vote TODAY FOR Proposal 1, an amendment to effect a reverse stock split. Why? Exela is better served by all of our constituen
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 infrastructure operator in Europe. The 5-year project has an estimated $48 million total contract value (“TCV”). The expected contract revenue will contribute to the ITPS accounting segment which generated $847 million of revenue in 2022. The implementation is set to
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, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation, encourages stockholders to vote “For” the amendment to its Certificate of Incorporation to effect a reverse stock split, as further described in the Company’s pro
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 IDC MarketScape for Worldwide Finance and Accounting Business Process Services in the Cloud 2023 Vendor Assessment. “We are delighted to be positioned as a Major Player in the IDC MarketScape for Worldwide Finance and Accounting Business Process Services in th
Fireside chat stream will take place April 26, 2023 at 2:00 PM ETIRVING, 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 Chairman, Par Chadha, will be answering questions asked in advance from investors about the Company's strategy, execution and future plans. Questions can be submitted by investors until April 21, 2023,
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 achieve savings in the range of $65-$75 million beginning in Q4 2022 and into 2023Total debt(1) reduced by $141.1 million Fourth Quarter Highlights Revenue of $267.0 million, down 9.3% year-over-year (7.3% on a constant currency basis)Net loss of $194.1 million,
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 results for the fourth quarter and full year 2022 at 4:30 p.m. ET on April 3, 2023. Exela will issue a press release reporting its results before the start of the call. Hosting the call and reviewing the results will be Par Chadha, Executive Chairman, and Shrika
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 “Company”) (NASDAQ: XELA, XELAP), a global business process automation leader, today announced updates to its 2023 operational performance improvement objectives. During the fourth quarter, the Company announced operational performance improvement targets by focusi
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 business process automation leader, today reported its subsidiaries had obtained $51 million of new funding from B. Riley Commercial Capital, LLC (“BRCC”) and an affiliate of BRCC through a combination of an amendment of the Company’s existing $150 million PNC secu
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 company with a differentiated first-of-its-kind offering of ‘Dedicated Captive Solutions’ headquartered in New Delhi, India. Exela will deploy its cloud-based Robotic Process Automation (“RPA”) solution, to enable end-to-end digitization of processes performed by QG
IDC MarketScape for U.S. RCM Service Solutions 2022-2023 Vendor Assessment 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 IDC MarketScape for U.S. RCM Service Solutions 2022-2023 Vendor Assessment. Source: IDC, 2022 Revenue Cycle Man
Exela Technologies, Inc. (XELA) delivered earnings and revenue surprises of -119.57% and 5.94%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Revenue of $264 million, a decline of 5.4% from Q3 2021Net loss of $85 millionExela’s European business signed a deal to go public through a merger with CF Acquisition Corp. VIII based on a $220 million valuationWon $87M TCV(1) in Q3; record YTD in new business winsSmall-and-Medium-Sized Business (“SMB”) continues strong growth with DMR(2) customers growing 227% and DrySign® users growing 1,244% over Q3 2021Gross margin and operating income improvements in place for 2023 Conference call schedule
IRVING, Texas, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA), a global business process automation (“BPA”) leader across numerous industries, will host a conference call with the financial community to discuss results for the third quarter 2022 at 6:00 p.m. ET on November 14, 2022. Exela will issue a press release reporting its results before the start of the call. Hosting the call and reviewing the results will be Par Chadha, Executive Chair
Fireside chat stream will take place November 30thIRVING, Texas, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”), is launching a new platform in which investors can ask questions and have them answered in a fireside chat platform. This is a unique opportunity for investors to gain insight into the Company's operations and future plans. The fireside chat will take place on November 30th
IRVING, Texas, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a global business process automation (BPA) leader, announced today that it has expanded a contract with a major consulting firm to implement Exela’s Intelligent Lockers in its new building located in Mexico. With Intelligent Lockers currently set up at the consulting firm’s US locations, Exela will install lockers providing the same workplace experience to the Mexico based
Figure 1 Everest Group Medical Coding Operation PEAK Matrix Assessment 2023 IRVING, Texas, Oct. 25, 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 ‘Leader’ in the first edition of Everest Group’s Medical Coding Operations – PEAK Matrix® Assessment 2023. This report provides a detailed analysis and assessment of 22 operations service providers featured