Exela Technologies Second Quarter 2024 Earnings: US$4.40 loss per share (vs US$5.19 loss in 2Q 2023)

Exela Technologies (NASDAQ:XELA) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$245.7m (down 10.0% from 2Q 2023).
• Net loss: US$28.0m (loss narrowed by 15% from 2Q 2023).
• US$4.40 loss per share (improved from US$5.19 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Exela Technologies shares are up 3.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Exela Technologies you should be aware of, and 1 of them is significant.

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