NASDAQ$XELA

Exela Technologies Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Exela Technologies reported full year 2023 results.

Exela Technologies reported that 2023 was a challenging year with a focus on stabilizing revenues and recovering from the effects of the network outage in 2022. The company made significant improvements to its balance sheet, eliminating current liabilities and reducing overall debt and interest expense. Investments were made late in the year to position the company for future growth in cybersecurity, data modernization, cloud, and Infrastructure-as-a-Service.

  • Focused on stabilizing revenues and recovering from the network outage in 2022.
  • Made significant improvements to the balance sheet, eliminating current liabilities.
  • Reduced overall debt and interest expense.
  • Invested in cybersecurity, data modernization, cloud, and Infrastructure-as-a-Service to position the company for future growth.

Headline financials

Total Revenue

$259M

Previous: $274M-5.4%
EPS (adj)

-$4.27

Previous: -$10.00+57.3%
Capital Expenditures

-$2.38M

Previous: -$1.89M-26.0%
Free Cash Flow

-$31.5M

Previous: -$54.9M+42.7%
Net Income

-$24.9M

Previous: -$45.4M+45.2%
Operating Income

$71K

Previous: -$6.9M+101.0%
Gross Profit

$56.8M

Previous: $57.2M-0.6%
Cash & Equivalents

$9.5M

Previous: $9.91M-4.1%
Total Assets

$592M

Previous: $713M-17.0%
Stock-Based Comp

$1.18M

Previous: $111K+965.8%

Revenue & EPS history

Exela · Revenue · Quarterly

$259M

Q1 2024-5.4%vs Q1 2023
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-2.8%

Avg return

Earnings day

-9.1%

Avg return

5 days after

-19.5%

Avg return

30 days after

37%

13 / 35 earnings

Positive

+30.7%

Q4 2019

Best reaction

-42.4%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2025+3.8%+28.7%-27.8%
Q4 2024+8.9%+8.9%-35.6%
Q3 2024+3.5%-5.3%+5.3%
Q2 2024-0.9%-5.1%-4.6%
Q1 2024-5.0%+3.3%-12.4%
Q2 2023-17.8%-11.6%-27.7%
Q3 2023-2.3%-3.0%-29.9%
Q4 2023-3.6%-10.4%-31.1%
Q4 2022-8.5%-1.9%-21.4%
Q1 2023-8.5%-10.3%-15.4%
Q3 2022-0.1%-18.7%-57.9%
Q2 2022-10.7%-2.7%-44.1%
Q1 2022-0.4%-5.4%-23.0%
Q4 2021-42.4%-40.4%-57.8%
Q3 2021-15.2%-20.2%-45.6%
Q2 2021+2.0%-13.1%-24.8%
Q4 2020-2.0%-10.1%-22.1%
Q1 2021+0.5%-0.9%-11.4%
Q3 2020-4.8%-8.1%-8.1%
Q1 2020-25.0%-33.9%-15.1%
Q2 2020-25.0%-33.9%-15.1%
Q4 2019+30.7%+7.5%+15.0%
Q3 2019-0.7%-43.8%-52.6%
Q2 2019+8.4%-45.6%-45.1%
Q1 2019-0.9%-12.3%-39.0%
Q3 2018+5.6%-20.1%-30.8%
Q2 2018+3.1%+5.2%+23.3%
Q1 2018+0.2%+0.2%+11.6%
Q3 2017-2.5%-1.8%-6.4%
Q2 2017+9.6%-4.2%-10.5%
Q1 2017+0.0%+0.0%+0.0%
Q4 2016-0.7%-0.7%-1.0%
Q3 2016+0.0%+0.0%-0.2%
Q2 2016+0.6%-0.3%+0.1%
Q1 2016+0.3%
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014

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