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Exela Technologies Inc (XELA.OQ)

XELA.OQ on NASDAQ Stock Exchange Capital Market

4.55USD
23 May 2018
Change (% chg)

$-0.06 (-1.30%)
Prev Close
$4.61
Open
$4.58
Day's High
$4.64
Day's Low
$4.54
Volume
11,821
Avg. Vol
39,268
52-wk High
$10.00
52-wk Low
$4.15

Latest Key Developments (Source: Significant Developments)

Exela Technologies Q1 Revenue Rose 8.7 Pct To $393.2 Mln
Thursday, 10 May 2018 04:45pm EDT 

May 10 (Reuters) - Exela Technologies Inc ::EXELA TECHNOLOGIES, INC. REPORTS FIRST QUARTER 2018 RESULTS; PRO FORMA REVENUE GROWTH OF 8.7%; NET LOSS OF $24 MILLION; PRO FORMA ADJUSTED EBITDA GROWTH OF 10.9%; INCREASES 2018 REVENUE AND ADJUSTED EBITDA GUIDANCE.Q1 REVENUE ROSE 8.7 PERCENT TO $393.2 MILLION.INCREASES 2018 GUIDANCE FOR REVENUE AND ADJUSTED EBITDA.SEES 2018 REVENUE $1.55 BILLION TO $1.58 BILLION.SEES 2018 ADJUSTED EBITDA $295 MILLION TO $310 MILLION.QTRLY NET LOSS PER SHARE $1.64.  Full Article

Exela Technologies Acquires Asterion International To Expand In Europe
Tuesday, 10 Apr 2018 08:45am EDT 

April 10 (Reuters) - Exela Technologies Inc ::EXELA TECHNOLOGIES ACQUIRES ASTERION INTERNATIONAL TO EXPAND IN EUROPE.EXELA DOES NOT INTEND TO DISCLOSE FINANCIAL TERMS OF TRANSACTION.SAYS HAD COMPLETED ACQUISITION OF ASTERION INTERNATIONAL GROUP.  Full Article

Exela Technologies, Inc. Reports Qtrly Net Loss $58.7 Million Versus Loss Of $19.9 Million
Thursday, 15 Mar 2018 04:16pm EDT 

March 15 (Reuters) - Exela Technologies Inc ::EXELA TECHNOLOGIES, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS; ACHIEVES FULL YEAR GUIDANCE FOR PRO FORMA REVENUE AND ADJUSTED EBITDA; SETS 2018 REVENUE GUIDANCE OF 4%-6%, ABOVE PREVIOUS LONG-TERM GUIDANCE.SEES FY 2018 REVENUE $1.51 BILLION TO $1.54 BILLION.SEES 2018 ‍ADJUSTED EBITDA GUIDANCE - IN RANGE OF $290- $310 MILLION​.SEES 2018 ‍ADJUSTED EBITDA GUIDANCE - IN RANGE OF $330- $355 MILLION​.SEES LONG TERM REVENUE GROWTH BETWEEN ‍ 3%-4%​.SEES ‍ LONG-TERM ADJUSTED EBITDA MARGIN GUIDANCE IN RANGE OF 22% - 23%​.QTRLY TOTAL REVENUE $386.3 MILLION VERSUS $352.5 MILLION.QTRLY NET LOSS $58.7 MILLION VERSUS LOSS OF $19.9 MILLION.  Full Article

Exela Technologies posts Q3 ‍net loss $130.5 mln vs loss of $16.7 mln
Thursday, 9 Nov 2017 04:10pm EST 

Nov 9 (Reuters) - Exela Technologies Inc :Exela Technologies reports third quarter 2017 results.Sees FY 2017 revenue $1.45 billion to $1.47 billion.Q3 revenue rose 12.2 percent to $358.2 million.Exela Technologies Inc says ‍total revenue for quarter ended September 30, 2017 was $358.2 million, an increase of 12.2 pct from $319.1 million in Q3 of 2016​.Exela Technologies Inc says ‍net loss for quarter ended September 30, 2017 was $130.5 million compared with a net loss of $16.7 million in prior year's Q3.Exela Technologies Inc says FY ‍further adjusted EBITDA is expected to be in range of $350 million to $370 million​.Exela Technologies Inc says ‍on Nov 8, 2017, board authorized share buyback pursuant to which co may, from time to time, purchase up to 5 million shares.  Full Article

Exela Technologies’ warrants and units to be delisted from Nasdaq
Wednesday, 13 Sep 2017 04:46pm EDT 

Sept 13 (Reuters) - Exela Technologies Inc :Exela Technologies’ warrants and units to be delisted from the Nasdaq stock market; common stock listing is unaffected.Exela Technologies Inc - ‍company does not intend to challenge Nasdaq's determination regarding warrants and units​.  Full Article

Exela Technologies reports Q2 revenue of $350 million
Wednesday, 9 Aug 2017 04:15pm EDT 

Aug 9 (Reuters) - Exela Technologies Inc :Exela technologies reports second quarter 2017 pro forma financial results.Q2 revenue $350 million.  Full Article

Exela Technologies files for offering of up to 146.7 mln shares by selling stockholders
Thursday, 27 Jul 2017 06:04am EDT 

July 27 (Reuters) - Exela TECHNOLOGIES Inc :Files for offering of up to 146.7 million shares of common stock by the selling stockholders - SEC filing.  Full Article

Quinpario files for shelf offering of up to $255 mln ‍​of common stock
Thursday, 6 Jul 2017 06:13am EDT 

July 6 (Reuters) - Quinpario Acquisition Corp. 2 :Files for shelf offering of up to $255 million ‍​of common stock by selling stockholders.  Full Article

Quinpario - offering of $525 mln aggregate principal amount of first-priority senior secured notes due 2023
Wednesday, 28 Jun 2017 04:07pm EDT 

June 28 (Reuters) - Quinpario Acquisition Corp. 2 ::Affiliates of Quinpario Acquisition Corp. 2 announce pricing of notes offering.Quinpario acquisition corp. 2 - offering of $525 million aggregate principal amount of first-priority senior secured notes due 2023.Quinpario acquisition corp. 2 says also upsized offering to $1,000 million of aggregate principal amount of notes.  Full Article

Quinpario Acquisition Corp. 2 affiliates announce proposed notes offering
Monday, 19 Jun 2017 07:23am EDT 

June 19 (Reuters) - Quinpario Acquisition Corp. 2 ::Affiliates of Quinpario Acquisition Corp. 2 announce proposed notes offering.Quinpario Acquisition Corp. 2 - units are proposing to issue $525.0 million aggregate principal amount of first-priority senior secured notes due 2023.Quinpario Acquisition Corp. 2 - units also proposing to issue $300.0 million aggregate principal amount of senior unsecured notes due 2024.Quinpario Acquisition - notes are being issued to finance, in part, pending business combination of Sourcehov LLC, Novitex Holdings, Inc, co.  Full Article

CORRECTED-(OFFICIAL)-BRIEF-Exela Technologies Q1 Revenue Rose 8.7 Percent To $393.2 Million (May 10)

* EXELA TECHNOLOGIES, INC. REPORTS FIRST QUARTER 2018 RESULTS; PRO FORMA REVENUE GROWTH OF 8.7%; NET LOSS OF $24 MILLION; PRO FORMA ADJUSTED EBITDA GROWTH OF 10.9%; INCREASES 2018 REVENUE AND ADJUSTED EBITDA GUIDANCE