Exela Technologies (NASDAQ:XELA) stock is on the move Monday after the digital business process services company announced plans for a spinoff of its business process automation (BPA) business.Exela Technologies’ board of directors has authorized the spinoff of its BPA business to shareholders of XELA stock. This has it planning to distribute shares of this new company to XELA investors on record as of sometime in Q3 or Q4.Investors won’t have to take any action to get the shares in the Exela Technologies B ...

文章核心观点 - 公司董事会授权公司考虑将其全资子公司Exela Technologies BPA, LLC分拆至公司股东手中,以最大化股东价值[1][2][3] - 如果完成分拆,公司股东将按比例获得新成立的控股公司的股份,同时继续持有公司现有的其他业务,包括在纳斯达克上市的XBP Europe Holdings, Inc.以及北美现场服务业务[2] - 公司正在评估分拆是否符合美国联邦所得税法第355(a)条的免税分配要求,并将在SEC备案时提供更多细节[4] - 分拆交易能否按上述方式完成或最终完成存在不确定性[5] 公司概况 - 公司是一家业务流程自动化(BPA)领导者,利用全球足迹和专有技术提供数字化转型解决方案,提高质量、生产力和最终用户体验[7][8] - 公司为超过4,000家客户(包括60%以上的财富100强企业)提供服务,覆盖50个国家[8] - 公司拥有约13,600名员工,在20个国家运营,能够快速部署集成技术和运营作为端到端的数字化转型合作伙伴[8]

Exela Technologies, Inc. (NASDAQ:XELA) Q1 2024 Earnings Call Transcript May 28, 2024 4:30 PM ET Company Participants Vincent Kondaveeti - Head of IR Matt Brown - Interim CFO Operator Good afternoon, and welcome to the Exela Technologies First Quarter 2024 Financial Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded. I would n ...

| --- | --- | |---------------------------------------------|--------------| | | | | | | | | | | | | | | | | | | | | | | First Quarter 2024 Results | | | | | | May 28, 2024 | | | Par Chadha, Executive Chairman | | | | | | Matt Brown, Interim Chief Financial Officer | | | | Webcast Link | | | | | | | | | | | --- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36788 EXELA TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 47-1347291 (State of or o ...

Exela Technologies, Inc. (NASDAQ:XELA) Q4 2023 Results Conference Call April 17, 2024 4:30 PM ET Company Participants Vince Kondaveeti - Head of Investor Relations Par Chadha - Executive Chairman Matt Brown - Interim Chief Financial Officer Conference Call Participants Craig Carlozzi - Algebris Operator Good day, and welcome to the Exela Technologies earnings update. [Operator Instructions]. Please note, this event is being recorded. I would now like to turn the conference over to Vince Kondaveeti, Head of ...

Exhibit 99.1 Exela Technologies Holdings, Inc. Reports Full Year 2023 Results Full Year Highlights · 2023 revenue of $1,064.1 million, down 1.2% year-over-year · Gross margin of 21.7% in 2023 vs 18.5% in 2022 · Operating profit of $8.1 million, up $236.8 million due to increased gross margin, lower SG&A and no impairments in 2023 versus 2022 · Net loss of $124.4 million ($125.1 attributable to Exela Technologies Inc), an improvement of $291.4 million year-over- year · Certain of the Company’s subsidiaries i ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36788 EXELA TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 47-1347291 (State o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36788 EXELA TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 47-1347291 (State of ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36788 EXELA TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 47-1347291 (State of or ot ...