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Exela Technologies Inc - XELAP STOCK NEWS

Welcome to our dedicated news page for Exela Technologies (Ticker: XELAP), a resource for investors and traders seeking the latest updates and insights on Exela Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Exela Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Exela Technologies's position in the market.

News
Exela Technologies, Inc. to Host Fourth Quarter 2023 and Full Year 2023 Financial Results Conference Call
Rhea-AI Summary
Exela Technologies, Inc. will host a conference call to discuss fourth quarter and full year 2023 financial results on April 17, 2024. Par Chadha, Executive Chairman, and Matt Brown, Interim CFO, will review the results. The call will be broadcast live on Exela's Investor Relations website. Replay will be available until April 24, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
Tags
conferences earnings
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News
Exela Technologies Holdings, Inc. Reports Full Year 2023 Results
Rhea-AI Summary
Exela Technologies Inc. reported a 1.2% decline in revenue to $1,064.1 million for 2023 but saw an improvement in operating profit to $8.1 million. The net loss decreased to $124.4 million, with certain subsidiaries issuing new notes in exchange for existing ones. The company focused on stabilizing revenues, reducing debt, and investing in growth areas like cyber security and data modernization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
earnings
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News
Exela Technologies Announces Adjournment of Annual Meeting until June 13, 2024
Rhea-AI Summary
Exela Technologies, Inc. adjourned the Annual Meeting of Stockholders due to lack of required quorum. The Meeting will reconvene on June 13, 2024, to allow additional time for stockholders to vote on proposals. Stockholders are urged to exercise their right to vote their shares. Proxy information is available at the SEC website. The Company asks all stockholders to vote their proxy, no matter how many shares they own.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Exela Technologies and XBP Europe Announce the Launch of Reaktr.ai to Provide Cybersecurity, Data Modernization and Multi-Cloud Management Enabled by AI 
Rhea-AI Summary
Exela Technologies, Inc. and XBP Europe announce the launch of a new Global Business Unit, Reaktr.ai, spearheaded by industry veteran Vineet Chaku as President. The move positions the Company at the forefront of the cyber, large data, and generative AI landscape, focusing on AI-Powered Growth, Data Modernization, Multi-Cloud Management, and Cybersecurity. The launch aims to address the rapidly changing industry and meet the demand for scalable AI platforms and modernized data infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
AI
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News
Exela Technologies Recognized as a Disruptor in Avasant Research Report
Rhea-AI Summary
Exela Technologies, Inc. (NASDAQ: XELA, XELAP) has been recognized as a Disruptor in the Avasant Talent Acquisition Business Process Transformation 2023–2024 RadarView. The report evaluated 42 providers, with Exela Technologies standing out for its product-first approach, proprietary solutions such as the Exela Applicant Tracking platform and the Assessments platform, and strategic investment in European expansion and generative AI integration. This recognition reflects Exela's commitment to innovation and excellence in business process automation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Exela Technologies Announces Adjournment of Annual Meeting until January 26, 2024
Rhea-AI Summary
Exela Technologies, Inc. (XELA) adjourns the Annual Meeting of Stockholders due to lack of required quorum, reconvening on January 26, 2024, to allow additional time for shareholders to vote on proposals. The Company urges all stockholders to exercise their right to vote their shares by proxy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Exela Technologies Reminds Stockholders to Cast Their Vote for Upcoming Annual Meeting of Stockholders to be held on December 29, 2023 at 10:00 a.m. Eastern Time
Rhea-AI Summary
Exela Technologies, Inc. (NASDAQ: XELA, XELAP) urges stockholders to vote ahead of the upcoming annual meeting of stockholders, recommending 'FOR' all proposals and 'FOR' each director nominee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
Tags
none
-
News
Exela Technologies Recognized as Emerging Solution in FAO Hackett Value Matrix™
Rhea-AI Summary
Exela Technologies, Inc. (NASDAQ: XELA, XELAP) has been recognized as an Emerging Solution Provider in the Hackett Value Matrix™ for Finance and Accounting Outsourcing Solution Providers. The Hackett Group acknowledges Exela's robust accounting automation and tools to accelerate clients' efficiency and effectiveness journey, with over 2,400 clients benefitting from their FAO solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
acquisition
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News
Exela Technologies Named in Forrester’s ‘The Accounts Payable Invoice Automation Landscape, Q1 2024 Report’
Rhea-AI Summary
Exela Technologies, Inc. (NASDAQ: XELA, XELAP) has been included in Forrester's 'Accounts Payable Invoice Automation Landscape, Q4 2023 report'. The report focuses on how accounts payable invoice automation can streamline invoice data capture, automate validation processes, and provide financial analysis. Forrester identifies Advanced AI as a new differentiator. Exela has been recognized for its dedication to developing technology that lowers costs and improves supplier relationships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
earnings
News
Exela Technologies Announces Adjournment of Annual Meeting
Rhea-AI Summary
Exela Technologies, Inc. (NASDAQ: XELA; XELAP) adjourned the Annual Meeting of Stockholders due to a lack of required quorum. The Meeting will reconvene on December 29, 2023. Shareholders are urged to vote by proxy. No changes have been made in the proposals to be voted on by stockholders at the Meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.09%
Tags
none
Stock XELAP logo
Exela Technologies Inc

Nasdaq:XELAP

XELAP Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

XELAP Stock Data

6.36M
2.32%
44.29%
Data Processing, Hosting, and Related Services
Information
Link
US
Irving

About XELAP

exela is a business process automation (bpa) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience.with decades of expertise operating mission-critical processes, exela serves a growing roster of more than 4,000 customers throughout 50 countries, including over 60% of the fortune ® 100.with foundational technologies spanning information management, workflow automation, and integrated communications, exela’s software and services include multi-industry department solution suites addressing finance, accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and public sectors.through cloud-enabled platforms, built on a configurable stack of automation modules, and over 17,500 employees operating in 23 countries, exela rapidly deploys integrated technology and operations as an end-to-end digital journey