NASDAQ$XELA

Exela Technologies Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported third quarter revenue of $305.3M, meeting prior guidance on a GAAP basis, with continued expansion in gross profit and Adj. EBITDA margins.

Exela Technologies reported its Q3 2020 financial results, with revenue of $305.3 million. The company's adjusted EBITDA margin increased, and it continues to execute its plan for value creation amid the COVID-19 pandemic.

  • Third quarter revenue met prior guidance on a GAAP basis.
  • Adjusted EBITDA margin was 19.1% in the third quarter of 2020, an increase from 17.1% compared to the second quarter of 2020.
  • Total net debt was $1.477 billion as of September 30, 2020.
  • The company continues to execute well against its plan for value creation in the current environment.

Headline financials

Total Revenue

$305M

Previous: $373M-18.1%
EPS (adj)

-$366.00

No prior period
Adjusted EBITDA Margin

19.1%

No prior period
Capital Expenditures

-$6.89M

Previous: -$10.8M+36.2%
Free Cash Flow

-$73.1M

Previous: -$44.4M-64.4%
Net Income

-$28.3M

Previous: -$133M+78.8%
Operating Income

$4.77M

Previous: -$96.9M+104.9%
Gross Profit

$71.1M

Previous: $81.7M-13.0%
Cash & Equivalents

$37.2M

Previous: $10.3M+260.5%
Total Assets

$1.17B

Previous: $1.54B-24.1%
Stock-Based Comp

$698K

No prior period

Revenue & EPS history

Exela · Revenue · Quarterly

$305M

Q3 2020-18.1%vs Q3 2019
Beat estimate in 1 of 3 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 Q3 2020

Historical avgQ3 2020

-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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