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Exela Technologies Inc (XELA.OQ)

XELA.OQ on NASDAQ Stock Exchange Capital Market

15 Dec 2017
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$0.04 (+0.78%)
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Latest Key Developments (Source: Significant Developments)

Exela Technologies posts Q3 ‍net loss $130.5 mln vs loss of $16.7 mln
Thursday, 9 Nov 2017 

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