Reuters logo
BRIEF-Exela Technologies posts Q3 ‍net loss $130.5 mln vs loss of $16.7 mln
November 9, 2017 / 9:27 PM / a month ago

BRIEF-Exela Technologies posts Q3 ‍net loss $130.5 mln vs loss of $16.7 mln

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 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below