Exela Technologies (XELA) Misses Q4 EPS by 25c

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Go back to Exela Technologies (XELA) Misses Q4 EPS by 25c

Exela Technologies, Inc. Reports Preliminary Full Year and Fourth Quarter 2021 Results

March 11, 2022 7:00 AM EST

2021 Revenue of $1,167 million, in-line with guidanceLoss per Share of $0.34 in the fourth quarter of 2021On track for $50 million in cash flow improvements in 2022Long-term debt(1) reduced by $454 millionSmall-and-Medium-Sized Business SMB continues robust growth in the fourth quarter of 2021 with DMR customers growing 44% sequentially and DrySign® users growing 135% sequentially

Conference call scheduled for March 11, 2022 at 2:00 PM ET

IRVING, Texas, March 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (Exela or the Company) (NASDAQ: XELA), a global business process automation... More