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Stock impact report

Exela Technologies, Inc. Reports Second Quarter 2018 Results; Revenue of $410.4 million an increase of 17.3% over Q2 2017 on a pro forma basis; Net Loss of $25.2 million; EBITDA of $51.3 m...

Exela Technologies, Inc. (XELA) 
Last exela technologies, inc. earnings: 5/9 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.exelatech.com/investor-relations
Company Research Source: GlobeNewswire
Second Quarter 2018 Highlights: Revenue of $410.4 million, representing 17.3% growth over Q2 2017 on a pro forma basisNet loss of $25.2 million, a year-over-year improvement from a pro forma net loss of $27.9 millionEBITDA of $51.3 million, representing 23.8% growth over Q2 2017 on a pro forma basisAdjusted EBITDA of $70.1 million, representing 9.0% growth over Q2 2017 on a pro forma basisAchieved $15.8 million of savings during the second quarter of 2018 and reiterates total anticipated savings of $40 million to $45 million during 2018Operating income of $11.9 million, representing 19.3% growth over Q2 2017 on a pro forma basisPreviously announced share buyback program remains in effect and total shares of common stock purchased to-date totaled 1,043,497Reaffirms 2018 and long-term guidance Show less Read more
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