B. Riley Securities initiated coverage on Exela Technologies with a new price target
$XELA
Business Services
Consumer Discretionary
B. Riley Securities initiated coverage of Exela Technologies with a rating of Buy and set a new price target of $4.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/23/2022 | $3.00 → $0.55 | Buy → Neutral | B. Riley Securities |
| 8/31/2021 | $4.00 | Buy | B. Riley Securities |
SC 13G/A - Exela Technologies, Inc. (0001620179) (Subject)
SC 13G - Exela Technologies, Inc. (0001620179) (Subject)
SC 13D/A - Exela Technologies, Inc. (0001620179) (Subject)
B. Riley Securities downgraded Exela Technologies from Buy to Neutral and set a new price target of $0.55 from $3.00 previously
B. Riley Securities initiated coverage of Exela Technologies with a rating of Buy and set a new price target of $4.00
Cantor Fitzgerald initiated coverage of Exela Technologies with a rating of Overweight and set a new price target of $4.00
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. FOR ASSISTANCE WITH VOTING YOUR SHARES PLEASE CONTACT OUR PROXY SO
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. The Company urges all stockholders to exercise their right to vote
IRVING, Texas, Dec. 22, 2023 (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/XELA2023 on Friday, December 29, 2023 at 10:00 AM ET/9:00 a.m. CT. The Board of Directors of Exela unanimously recommends that the Company's stockholders vote "FOR" all proposals and "FOR" each director nominee. The Company urges all stockholders to exercise their right to vote their shares by proxy TODAY. At the Meeting, stockholders are being asked
IRVING, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Reaktr, the global business unit of Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA, XELAP)), XBP Europe ("XBP") (NASDAQ:XBP, XBPEW)), and a member of the Oracle Partner Network (OPN), today announced the availability of SecAi on Oracle Cloud Infrastructure (OCI) and in the Oracle Cloud Marketplace. A pivotal component of Reaktr's innovative AI cybersecurity suite, SecAi provides enterprises with a fully configurable generative AI validation framework that supports 120+ large language models (LLMs). Enterprises can now validate components, including training data, LLMs of choice, enterprise integrations, and responsible int
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. Hosting the call and reviewing the results will be Matt Brown, Interim Chief Financial Officer of the Company. The conference call will be broadcast live on Exela's Investor Relations website at https://investors.exelatech.com/. Second Quarter 2024 Results Webcast and Call Access Information: Date:August 28, 2024Time:4:30 p.m. (ET)Webcast (listen-only)https://
Second Quarter Highlights Revenue of $245.7 million, down 10.0% year-over-yearGross margin of 23.5%, up 120 bps year-over-yearInterest expense of $23.1 million, down 48.7% year-over-yearSG&A of $41.8 million, up 30.5% year-over-yearOperating loss of $2.4 million, vs $11.2 million operating profit, year-over-yearNet loss of $26.9 million ($25.7 million attributable to Exela Technologies, Inc.), an improvement of $4.0 million year-over-yearAdjusted 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, annou
10-Q - Exela Technologies, Inc. (0001620179) (Filer)
8-K - Exela Technologies, Inc. (0001620179) (Filer)
8-K - Exela Technologies, Inc. (0001620179) (Filer)
4 - Exela Technologies, Inc. (0001620179) (Issuer)
4 - Exela Technologies, Inc. (0001620179) (Issuer)
4 - Exela Technologies, Inc. (0001620179) (Issuer)
4/A - Exela Technologies, Inc. (0001620179) (Issuer)
All Exela Stockholders As Of Record Date In Q3 Or Q4 2024 To Receive Pro-Rata Share In New Holding Company Owning BPA Business While Continuing To Own Existing Exela Shares, Including 70% Ownership In Nasdaq-Listed XBP Europe Holdings, Inc.
Shares of global business process automation (BPA) company, Exela Technologies, Inc. (NASDAQ:XELA) are trading higher after the company secured a contract worth over $35 million. This short-term strategic contract, focused on security breach remediation, commenced in June and is set to conclude next month. The contract is expected to boost Exela’s ITPS segment, which reported $732 million in revenue for 2023. Exela provides cybersecurity services through its Reaktr.ai brand, breach remediation under Rust Consulting, and notification services by Exela. Operating in 20 countries, including XBP Europe Holdings, the company is among the few capable of delivering these services at sca
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. Hosting the call and reviewing the results will be Matt Brown, Interim Chief Financial Officer of the Company. The conference call will be broadcast live on Exela's Investor Relations website at https://investors.exelatech.com/. Second Quarter 2024 Results Webcast and Call Access Information: Date:August 28, 2024Time:4:30 p.m. (ET)Webcast (listen-only)https://
Second Quarter Highlights Revenue of $245.7 million, down 10.0% year-over-yearGross margin of 23.5%, up 120 bps year-over-yearInterest expense of $23.1 million, down 48.7% year-over-yearSG&A of $41.8 million, up 30.5% year-over-yearOperating loss of $2.4 million, vs $11.2 million operating profit, year-over-yearNet loss of $26.9 million ($25.7 million attributable to Exela Technologies, Inc.), an improvement of $4.0 million year-over-yearAdjusted 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, annou
IRVING, Texas, May 24, 2024 (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 2024 at 4:30 p.m. ET on May 28, 2024. Hosting the call and reviewing the results will be Par Chadha, Executive Chairman, and Matt Brown, Interim Chief Financial Officer. The conference call will be broadcast live on Exela's Investor Relations website at http://investors.exelatech.com. First Quarter 2024 Results Webcast and Call Access Information Date:May 28, 2024 Time:4:30 p.m. (ET) Webcast (listen-only):