NASDAQ$XELA

Exela Technologies Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported preliminary second quarter 2021 results with revenue of $293.0 million and net loss of $19.4 million.

Exela Technologies reported strong margin expansion in Q2 2021, driven by a focus on core businesses and operational improvements. The company is pleased with the rapid growth of its digital solutions for the SMB market and reported $158 million in liquidity, exceeding targets while reducing outstanding debt. The company reiterated its prior 2021 guidance.

  • Generated strong margin expansion in the second quarter.
  • Focused on core businesses and drove operational improvement.
  • Experienced rapid growth of digital solutions for the SMB market.
  • Reported $158 million in liquidity, exceeding targets announced in November 2019 while reducing outstanding debt.

Headline financials

Total Revenue

$293M

Previous: $308M-4.8%
EPS (adj)

-$66.00

Previous: -$202.00+67.3%
Capital Expenditures

-$3.5M

Previous: -$5.77M+39.3%
Free Cash Flow

-$49.5M

Previous: -$28.9M-71.3%
Net Income

-$19.4M

Previous: -$48.7M+60.2%
Operating Income

$25.4M

Previous: -$5.07M+600.1%
Gross Profit

$83.9M

Previous: $65.9M+27.3%
Cash & Equivalents

$45.9M

Previous: $86.5M-47.0%
Total Assets

$1.09B

Previous: $1.27B-14.0%
Stock-Based Comp

$593K

Previous: $921K-35.6%

Revenue & EPS history

Exela · Revenue · Quarterly

$293M

Q2 2021-4.8%vs Q2 2020
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Forward guidance

Based on second quarter results and the increased stability in business, Exela reiterated its prior 2021 guidance.

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 Q2 2021

Historical avgQ2 2021

-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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