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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 13D/A - Exela Technologies, Inc. (0001620179) (Subject)
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EFFECT - Exela Technologies, Inc. (0001620179) (Filer)
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S-8 POS - Exela Technologies, Inc. (0001620179) (Filer)
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, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (OTC:XELA, XELAP)), a global business process automation (BPA) leader, has announced a strategic partnership between its Finance and Accounting Outsourcing (FAO) Business Unit and Michael Page, a leading recruitment firm specializing in leadership hiring for large enterprises. Michael Page, through this partnership, plans to expand Exela's successful Center of Excellence across various corporate functions, including Finance Shared Services, by deploying Build-Operate-Transfer, Captive, and Business Processes as a Service to their enterprise customers. This collaboration is expected to furt
IRVING, Texas, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (OTC:XELA, XELAP)), a global business process automation leader, informs its stockholders and the market in general that today its Board of Directors approved the commencement of the process to: (i) voluntarily delist its securities from the Nasdaq Stock Market LLC ("Nasdaq"); and (ii) deregister the Company's securities under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"), after taking into account a number of considerations, including, but not limited to, the Nasdaq Suspension (as defined below) and the expected reduction in operating expenses associated with co
IRVING, Texas, Dec. 19, 2024 (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 Strong Performer in The Forrester Wave™: Task-Centric Automation Software, Q4 2024. The report evaluates the most significant task-centric automation providers, previously categorized under Robotic Process Automation (RPA), to help businesses identify the best-fit solutions for their needs. The Forrester Wave™ evaluated 15 vendors across three categories: Current Offering, Strategy, and Customer Feedback. Findings from the Report: Document Processing Capabilities: The repor
IRVING, Texas, Nov. 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 third quarter 2024 at 4:30 p.m. ET on November 29, 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/. Third Quarter 2024 Results Webcast and Call Access Information: Date:November 29, 2024Time:4:30 p.m. (ET)Webcast (listen-only)h
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, 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