Exela Technologies Acquires Healthcare Asset Adding Over $20 million of Annual Revenue
Exela Technologies, Inc. (XELA)
Last exela technologies, inc. earnings: 5/9 04:30 pm
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Source: GlobeNewswire
Transaction expected to contribute total revenue of over $170 million over the next seven years Exela’s Healthcare industry 2019 revenue expected to grow above 5% industry growth rate estimate IRVING, Texas, Jan. 03, 2019 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA), a leader in business process automation (“BPA”) across several industries with location agnostic solutions, today announced the closing of a healthcare industry asset acquisition, as it continues to expand its activities in this space. The accretive acquisition was funded with cash on hand. The acquisition will add over $20 million of annual revenue and for the next seven years, guaranteed annual revenue increases each year. By leveraging industry leading healthcare platforms, cognitive automation and deep domain knowledge, Exela’s existing healthcare business of $346 million, or 22% of total revenue on a trailing 12-month basis ending September 30, 2018, is positioned to grow higher t
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XELA
News
- Exela Technologies, Inc. to Host Fourth Quarter 2023 and Full Year 2023 Financial Results Conference Call [Yahoo! Finance]Yahoo! Finance
- Exela Technologies, Inc. to Host Fourth Quarter 2023 and Full Year 2023 Financial Results Conference CallGlobeNewswire
- Exela Technologies Holdings, Inc. Reports Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Exela Technologies Holdings, Inc. Reports Full Year 2023 ResultsGlobeNewswire
- Exela Technologies Announces Adjournment of Annual Meeting until June 13, 2024 [Yahoo! Finance]Yahoo! Finance
XELA
Sec Filings
- 4/4/24 - Form 8-K
- 4/3/24 - Form 10-K
- 4/2/24 - Form NT
- XELA's page on the SEC website